Egypt
Egypt, Eni sign investment agreement

The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail and Eni’s CEO, Claudio Descalzi, signed a head of agreement aimed at the development of the oil and gas resources of the...

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Egypt finalizes LNG supply deal with Gazprom

Egypt finalizes LNG supply deal with Gazprom Egypt’s Ministry of Petroleum informed that an LNG supply deal with Russia’s Gazprom has been finalized. According to a ministry statement, Egyptian...

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Shell to start supplying LNG to Egypt in 2015

Shell’s senior executive revealed that the Dutch giant will start supplying Egypt with 1 million metric tons of LNG per year starting in 2015. Speaking at a summit in Dubai, Shell’s Middle East...

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Egypt: Anticipations of grassroots’ reactions after cutting the fuel subsidies in July

A state of anticipation prevails in the governmental circles in line with the imminent implementation of the decision stipulating the reduction of petroleum products subsidies at the beginning of...

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The Suez Canal and the Panama Canal

20% of the world containers pass through the Suez Canal and Egypt just as (missing) in order to collect tolls, and there are no services on both sides of this important shipping line. As for the...

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Egyptian-Saudi petrochemical investments worth USD 10bn

In statements to a Saudi newspaper, Egyptian Minister of Petroleum and Mineral Resources  Eng. Osama Kamal said that some petrochemical projects are expected to be established between the Saudi...

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Egypt poses significant increases in the fuel price in the IMF talks

Egypt seems to be compelled to pose sharp increases in petrol and diesel prices in the next meeting with the International Monetary Fund (IMF) experts which stipulates cutting subsidies of energy...

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Providing Egypt with 4 million barrels of the Iraqi Basra crude per month

During a visit by the Egyptian Prime Minister Hisham Qandeel to Baghdad in early March 2013, the media advisor of the Iraqi Prime Minister Ali Al-Mousowi announced that his country has agreed to...

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Dana Gas launches natural gas production operations from two wells in Egypt

According to what is published by Arqam website, Dana Gas – listed in the Abu Dhabi Stock Exchange – launched natural gas production operations from the “Aleem 1” and “West...

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Smart cards for subsidies within three months

Activation of the country’s new Subsidised Life System, using smart cards for subsidies, will take place within the next three months with the introduction of new family cards, said Minister of...

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