Latest in Tag: Tarek El Molla Highlight
Latest in Tag: Tarek El Molla
Egypt to be regional gas hub after achieving self-sufficiency
Renewal of Singapore’s BW gasification vessel contract next year, says source
Investments of hydrogen cracking complex in Suez amount to $2.35bn: Minister of Petroleum
Four projects worth $309m were completed to raise efficiency of refineries
Egypt’s gas production declines naturally by 25%, offset by new finds: Petroleum Minister
EGPC’s for gas exploration in Red Sea to be announced next week: El-Molla
We aim to increase Egypt’s gas production by 100% by 2020: Minister of Petroleum
Egypt’s four largest gas fields produce 6.5bn feet of gas per day: El-Molla
Minister of Petroleum, Mineral Resources: realisation of 11 gas, oil projects during next FY
Egypt’s natural gas production increased to 7.5 bncf/d
Foreign partners’ investment in 2019/20 scores $10bn
Dues owned to foreign companies will be fully paid this year, says petroleum minister
Egyptians bear 70% of fuel prices through threefold price hikes in 2 years
To meet the demands of the IMF to grant Egypt the $12bn loan, curb the budget deficit, and to deal with the increasing inflation rate, fuel subsidies underwent non-recurrent stages to be phased out, toward being fully suspended in 2019 according to a subsequent 2018 statement for the Minister of Petroleum and Mineral Resources, Tarek …
Government seeks to transform Egypt into regional energy hub benefiting from sector growth
The oil and gas sector has been a pillar to the Egyptian economy in the last few years, contributing about 15% to the GDP, especially after the 2011 uprising negatively affected the tourism and investment sectors, drying up foreign currency reserves. The Executive Vice President of Operations at Egyptian Natural Gas Holding Company (EGAS), Magdy …
Western Desert produces 60% of Egypt’s crude oil: El-Molla
Minister called on foreign oil companies to intensify exploration efforts in region
Four petrochemical projects with $1.5bn investments to be implemented: El-Molla
Atoll’s production will increase to 400m feet of gas in October
Egypt settled 99% of international arbitrations: El-Molla
Programme launched to improve efficiency of oil, gas sector
Income of mining sector to increase from 2% of GDP within five years: Petroleum Minister
We aim to achieve revenues worth $64bn from mining by 2030: Saudi Energy Minister
Wood Mackenzie completed mining sector development strategy: El-Molla
Egypt to host 15th Middle East Mining Conference next week
$10bn investments in petroleum exploration, production in FY 2018/19: El-Molla
Turnout by major international companies in ministry’s oil and gas exploration bids represents clear message of confidence of foreign companies in Egypt’s investment climate
USTDA supports Egypt’s energy infrastructure, creates market access for US companies
Important agreement, signed today, concrete example of cooperative work that US, Egypt pursuing to deepen, strengthen longstanding commercial, development partnership: Goldberger
Petroleum ministry will continue subsidies reform programme: El-Molla
Egypt aims to attract more foreign investments within Egypt Vision 2030, amid the continuation of its subsidy reform programme, the minister of petroleum Tarek El-Molla said. It came during his speech at the American Chamber of Commerce (AmCham) conference on Wednesday, in the presence of the minister of communications Amr Talaat, president of AmCham Egypt …
Egypt receives final LNG shipment, marking end of gas imports: Tarek El-Molla
Country aspires to become regional gas hub for LNG trading in eastern Mediterranean Sea
Apache to invest $1bn annually in Egypt: Tarek El-Molla
Apache investments in Egypt exceed $12bn in 23 concession areas, including 20 production regions
ANRPC to produce high-octane gasoline by next month
Alexandria National Refine and Petrochemical (ANRPC) plans to open its new project of high-octane gasoline production next month with $233m worth of investment. Minister of Petroleum and Mineral Resources Tarek El-Molla said the new project comes as part of the ministry’s current programme to increase domestic production of high-value petroleum products, especially gasoline and liquefied …
Arrears owed to foreign partners to be fully repaid by end 2019: Minister of Petroleum
No approvals have been granted to the private sector to import gas so far
Monthly oil and gas import bill falls to $550m: Petroleum minister
Egypt achieves self-sufficiency of gas by end of 2018, says El-Mulla
Press Syndicate postpones meeting to discuss amendments of new law
Meeting was postponed upon request of Salama, other members until receiving a draft law after new amendments
Turning Egypt into a regional energy hub is one of most important pillars for developing petroleum sector: El Molla
Minister of Petroleum and Mineral Resources Tarek El Molla said that the project to turn Egypt into a regional hub for the trade of gas and petroleum is considered one of the main work programmes within the project to develop the petroleum sector currently implemented by the ministry, in accordance with the sustainable development strategy …
El Molla, Baker Hughes CDO review implementation of digital investment map for oil, gas sector
Minister of Petroleum and Mineral Resources Tarek El Molla discussed Monday with Matthias Hellmann, chief digital officer (CDO) of Baker Hughes, the implementation of a digital investment map for the auction areas offered by the oil and gas sector in Egypt. The planned map is to be used in the marketing process for auctions to …
Egypt is keen on boosting cooperation gas-producing neighbours, including Israel
Gas will be peacemaker in region, says petroleum minister
Government is considering implementation of a new mechanism for monitoring distribution of butane cylinders
Gasoline mart card system to be cancelled, after finding defects in application: El-Molla
Egypt targets increasing Zohr gas production to 1.75bn scf/day by August: El-Molla
Egypt is targeting increasing the production capacity of its mega gas field Zohr to reach 1.75bn standard cubic feet per day (scf/day) by August, Petroleum Minister Tarek El-Molla said on Thursday. The giant Zohr gas field in offshore Egypt is the largest gas field ever discovered in the Mediterranean, with reserves estimated at 30tn cubic …
Tarek El-Molla: Three years of petroleum discoveries, exploration agreements
The petroleum sector recovered after a difficult time following the events of the 25 January 2011 revolution. Over the past four years, the sector managed to achieve distinct results in various petroleum activities after political and security stability returned to Egypt, with the measures taken by the state to bring back investment and encourage major …
Petroleum Ministry accepts instalments for natural gas supply to 684,000 households for six years
The Ministry of Petroleum and Mineral Resources approved an instalments system for natural gas deliveries to 684,000 customers across Egypt for a period of up to six years. Minister of Petroleum and Mineral Resources Tarek El-Molla said that gas delivery companies have implemented land and underground networks for the delivery of gas to 684,000 customers …
Egypt to launch 2 exploration, production international bids: petroleum minister
The Ministry of Petroleum and Mineral Resources intends to put forward two international bids for oil and gas exploration and production in 2018 in 27 concessions, said Petroleum Minister Tarek El-Molla on Monday. El-Molla explained that the Egyptian General Petroleum Corporation (EGPC) bid will include 11 concessions, five of which are in the Western Desert, …