Latest in Tag: Tarek El Molla Highlight
Latest in Tag: Tarek El Molla
Toyota Tsusho looks to raise its investments in Egypt
Corporation discussing participation in hydrocarbon cracking for diesel fuel with investments worth $1.9bn, says El-Molla
Agreement with Cyprus to link Aphrodite field in Egypt to conclude soon: minister of petroleum
Foreign investments in oil sector to reach $10bn
Government seeks to increase petroleum production, reduce subsidies to cover costs of providing petroleum products
Minister of Petroleum and Mineral Resources Tarek El-Molla said that the government is seeking to recover the costs of providing petroleum products in the local market. This will take place through increasing the production rates of raw petroleum, as well as continuing to reduce subsidies on petroleum products. According to El-Molla, petrol consumption declined by …
Developing Egypt’s natural gas network essential for economic activity
Projects to develop and improve the efficiency of Egypt’s national natural gas network are currently underway as gas transmission is essential for various economic and domestic activities across Egypt, said Minister of Petroleum Tarek El-Molla El-Molla explained that these developments are necessary to meet the increase in consumption and to accommodate the changes occurring in …
Egypt’s petroleum minister meets Algerian counterpart to improve bilateral cooperation
Minister of Petroleum Tarek El-Molla met with his Algerian counterpart Mustapha Guitouni to discuss possible projects through cooperation between the two countries. El-Molla explained that the two countries have an extensive history of cooperation, especially in terms of exporting Algerian petroleum products to fulfil Egyptian needs. These exports include liquefied petroleum gas exports as part …
 Petroleum Ministry introduces new octane 95 petrol with additives for improved performance
A special octane 95 petrol will be introduced in Egypt for the first time. It will be customised by different petroleum products producers, and each will carry different trade marks, starting with Exxon Mobil and Total, Minister of Petroleum Tarek El-Molla announced at a press conference on Monday. The new petrol category will be priced …
Subsidy reform is challenging for developing countries: El-Molla
Egypt suffered from its long-term subsidy strategy
Foreign partner investments to reach $10bn in FY 2017/2018: El-Molla
The ministry pays its dues to foreign partners regularly
Petroleum minister, Kuwait Energy discuss investment opportunities oil, gas exploration, productionÂ
Kuwait Energy achieved significant financial results in its concession areas, says El-Molla
2017 saw leaps in natural gas production: Tarek El-Molla
Petroleum Ministry aims to highlight Egypt’s success stories at EGYPS conference
Parliament submits memorandum to El Molla for installment of gas factories’ debts
Investors demanded a 30-day letter of guarantee and an accounting for actual consumption, says El-Zeiny
Government’s programme aims to liberalise gasoline prices in local market: Petroleum Minister
State budget bears 35% of fuel cost
Review of Gas Law regulations will be completed soon
Prime Minister calls for reduction of imported gas and oil
El-Molla directs EGPC, Ganope, EGAS to intensify oil exploration
The Ministry of Petroleum aims to increase oil production to reduce reliance on imports
Petroleum Minister looks into expanding Midor refinery with Italian TechnipÂ
The total value of the investments in the two projects is estimated at $3.7bn, says Petroleum Ministry report
Cost of LNG imports during current fiscal year amount to $1.8bn: Minister of Petroleum
Egypt’s current gas production at 5.2bn cf per day, imports to stop at end 2018
Petroleum Minister demands establishing new units to increase production of 3 public petroleum companies
Tarek El-Molla’s request came after Saudi giant ARAMCO expressed readiness to increase the pumped amounts of petroleum
Baker Hughes awarded subsea contract by Petrobel for phase 2 development of Zohr gas field
BHGE will provide project management, engineering procurement, fabrication, construction,
Egypt signs 3 new agreements for oil and gas exploration in Western Desert worth $79m  Â
US companies are an important partner in Egypt’s oil and gas sector: El Molla
Increased explorations and high production rates caused by political stability: Minister of Petroleum
Minister of Petroleum and Mineral Resources Tarek El Molla said that Egypt’s success in attracting petroleum investments and increasing investment in research and exploration were driven by several factors, foremost of which is the political stability witnessed by Egypt and the continuous support of the state to the oil sector, which is full of distinct …
Zohr fields to begin production before end of 2017
Total expenditure in the Zohr field amounted to $3.8bn
New gas projects to double Egypt’s production in 2020: Petroleum Minister
New refining projects over the coming 4 years will bridge the gap of oil, investments amount to $8.3bn
Gas market law will serve economic development plan: Petroleum Minister
Norwegian oil investors are interested in available investment opportunities
Zohr field investments amount to $16bn
Minister of Petroleum and Mineral Resources Tarek El Molla said that the development of the Zohr field in the Shorouk concession area in the Mediterranean is proceeding well according to the plan. The project’s plan aims to produce about one billion cubic feet of gas per day in the first stage by the end of …
Fuel subsidy bill this fiscal year will exceed EGP 110bn: El Molla
We cannot continue subsidising fuel this way, says Minister of PetroleumÂ
Natural gas surplus by 2020: El Molla
Sector will sign five new deals with investments of $154m
Egypt will receive oil shipments from KSA late March: El Molla
Aramco stopped supplying Egypt with oil six months ago
ECHEM considering implementing four projects worth $5bn
Propylene production studies to be completed next month in cooperation with Technip, Salah
Rent of 3rd gasification ship postponed as unneeded for 2017: Petroleum Minister
New gas projects increase production and meet demand, says El Molla
Petroleum Ministry to pose fuel tender as alternative to Aramco contract in December
Talks with Saudi Arabia are ongoing to discuss Aramco’s position on the 700,000-tonne monthly shipments contract