Afreximbank studies $1 billion finances for Egypt oil, SME sectors
The African Export-Import Bank (Afreximbank) is studying a new financing programme worth $1 billion with Egypt…
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petroleum
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
The total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 billion Egyptian pounds…
Oil ministry dismisses reports on El-Molla’s visit to Iran
Egypt’s Petroleum Minister Tarek El Molla was reportedly on his way to Iran on Sunday to meet with senior officials…
Aramco halts oil products shipment to Egypt “until further notice”
Saudi Aramco informed Egypt that it will be halting shipments of petroleum products to Egypt "until further…
Egypt’s El-Molla flies to Iran for oil talks
Egyptian Petroleum Minister Tarek El Molla was on his way to Iran on Sunday to try to strike new oil deals, sources…
Egypt to import Iraqi crude oil for refining
Egypt's Petroleum Minister Tareq al-Molla announced on Monday an agreement with Iraq to import Basra crude oil for…
Egypt targets 5 billion cubic feet gas production in FY2017/18
Egypt plans to increase its natural gas production to five billion cubic feet per day from 4.35 billion within…
Egypt finds other sources after halt in Saudi fuel shipments
Egypt's oil ministry says it has secured imports of petroleum products from other sources to compensate for Saudi…
Oil ministry adopts strategy to maximise local component in petrochemical projects
Egyptian petroleum ministry is adopting a strategy to maximise local component and manufacturing in petroleum…
Egypt studies 8 state-owned oil companies for IPO or share-issuance
Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a…
