Egypt seeks deferred payment in summer LNG tender, sources say

Egypt is seeking large volumes of gas from global markets this summer with deferred payments of up to six months, terms that market sources said would narrow the list of bidders and increase premiums at a time of high competing demand from Asia.

Read More

Government says extended power cuts to continue till the end of week

The Ministry of Electricity and Energy and the Ministry of Petroleum and Mineral Resources apologized to the Egyptian people on Monday for extending the recently introduced three-hour power cuts until the end of the week instead of on Sunday and Monday previously

Read More

El Molla Reviews GASCO's Operations Amid Increased Consumption Due to Heat Wave

Minister of Petroleum and Mineral Resources Tarek El Molla convened an extensive meeting at the National Gas Control Center of the Egyptian Natural Gas Company (GASCO) to monitor the operational process amid the ongoing heat wave, which has significantly increased gas consumption.

Read More

Egypt Exports $107M in Fuel to Jordan, Imports $105.6M in Fertilizers in 2023

Egypt exported fuel and mineral oils worth $107 million to Jordan in 2023

Read More

Madbouly Reviews Localization of Chip and Semiconductor Industry in Egypt

Prime Minister Mostafa Madbouly chaired a meeting to review efforts to localize the electronic chip and semiconductor industry by utilizing Egypt rich mineral resources. Minister of Petroleum and Mineral Resources Tarek El Molla was also present.

Read More

El Molla and Japanese Ambassador Discuss Upcoming Japan-Arab Economic Forum

. The forum is scheduled to take place in Tokyo on July 10th and will span two days

Read More

Egypt Forms Corporation To Manufacture One Million Tons of Phosphate Annually

The overall project aims to produce one million tons of raw materials annually at a cost of $250 million.

Read More

Egypt and USTDA Sign Safety and Environmental Grant Agreement for Alexandria Refinery

The agreement focuses on health protocols, occupational safety, and environmental preservation

Read More
Wintershall Deaneptune LogoSIEnppipetrojetTransGlobe SCHNEIDER-ELECTRIChempleEgypt gasNorthAlmansooriSKY CTS exxonmobilSchlumberger