Latest in Tag: Tarek El Molla Highlight
Latest in Tag: Tarek El Molla
Natural gas market regulatory authority to be established before end of 2017: El Molla
Petroleum companies being offered in EGX will be announced this November
El-Molla looking for alternatives to Aramco’s contract to secure fuel
Petroleum Ministry refutes rumours of El-Molla visiting Tehran looking for new oil deals
No clear response from Aramco about timing of receiving oil shipments: El-Molla
The ministry issued a tender to secure November’s needs of petroleum products
Petroleum Ministry was not officially notified about not being supplied October shipments: Tarek El Molla
The ministry proposed a tender to secure the needs of the market in case the Saudi shipments did not arrive
Ministry is keen to support development of General Petroleum company: Tarek El Molla
The General Petroleum company drilled 23 new wells, adding new reserves estimated at 10.9m barrels
Eni invests $4bn in Zohr gas production processing plant
Italian oil company Eni invested $3.5-4bn in implementing the Zohr natural gas production processing plant at a capacity of 2.7bn cubic feet of gas per day. Minister of Petroleum and Mineral Resources Tarek El-Molla told Daily News Egypt that the total investments in Zohr field are estimated at $12bn until the point when production begins. …
Investments by foreign companies reach $8.5bn during current FY: Minister of Petroleum
$3.8bn investments of BP in Atul field for producing 300m cubic feet of gas in December 2018
EGAS submits global tender to rent a 3rd gasification vessel
Increasing the quantity of gas imports will meet the demands for economic development, says Petroleum Minister El-Molla
Petroleum subsidies expected to register EGP 56bn in FY 2015/2016
Investment of foreign companies totalled $7bn in 2015
Arrears to foreign oil companies stand at $3bn by December
Value of the debt decreased following a reduction in global oil prices
Talks with Fenosa, BG remain ongoing to contain dispute
Providing fuel of various kinds in holiday period and beginning of academic year, diesel and butane gas storage is enough, says El Molla
El Molla: A man of difficult missions
El Molla was able to reduce the EGPC’s dues to governmental bodies, to approximately EGP 135bn compared to the EGP 195bn at the end of August
$650m value of partner’s share of gas, oil monthly with Brent decline: Petroleum Minister
Value of crude obtained daily from foreign companies declines to $380m
Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla
Expected decline in fuel consumption is 5% during new fiscal year, says EGPC executive chairman
$2.6bn to provide market fuel requirements during summer: EGPC CEO
$1.6bn for importing diesel fuel shipments from June until August, says Tarek El Molla
Public entities debts to EGPC amount to EGP 195bn by end of January: El Molla
Prime Minister Ibrahim Mehleb formed a committee to fix the current financial issues between the Ministers of Petroleum, Finance, and Electricity.
$6bn foreign company investments in FY 2015/2016: El Molla
Total foreign investment, which is being pumped this year, is estimated at $7.5bn.
Continuing decline in Brent prices positively impacts Egyptian economy
“We will not increase fuel imports because the financial resources are not available,” says EGPC chairman El Molla
Egypt to reimburse share of foreign partner’s oil and gas revenues at $700m a month: Tarek El Molla
EGPC, petroleum sector companies register EGP 72.2bn profit during FY 2013/2014