Latest in Tag: Petroleum sector Highlight
Latest in Tag: Petroleum sector

Foreign partnersā investments in petroleum sector to reach $11bn by end FY 2018/19
Petroleum Ministry pays $650m monthly to buy partnersā share: source

$20bn direct investments in petroleum sector over next 3 years
Gas output up to 8bn cubic feet per day by 2021: source

Banque du Caire arranges two loans for petroleum sector worth EGP 4-5bn
The bank is considering contributing to the Islamic loan, which is arranged by Banque Misr for Egyptian Iron, worth EGP 200m

Petroleum sector considers establishing new project in petrochemicals
Petrochemical revenues increased by EGP 646m this year: El-Mulla

Allocations for petroleum product subsidies expected to increase after floating the Egyptian pound
Allocations for petroleum product subsidies expected to exceed previous amount of EGP 35bn

Finance ministry yet to impose property tax on petroleum companies: Adviser
Public petroleum establishments will be exempted, while private companies will be subject to the law, says senior Tax Authority official

Banque du Caire eyeing āsocially responsibleā projects: CEO
The bank signed contracts last week to provide petroleum sector with an EGP 2bn and a $150m loan

Natural gas delivery to homes registers a 30 years high
Chairman of EGAS attributes this increase to the accessibility of funding