Egypt
Egypt’s Zohr gas field output to hit bcm daily in 2019

Egypt’s plans to raise production of the Zohr gas field to three billion cubic meters per day this year, Oil Minister Tarek el-Molla during a meeting with general assembly of Petroshorouk Co. and...

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Egypt Invests $9 B in Refining Projects

  Egypt is carrying out six refining mega projects with around $9 billion investments as a part of the oil and gas sector’s Modernization Project, stated Tarek El Molla, Minister of Petroleum,...

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Lebanon hopes to resume gas imports from Egypt

Lebanon hopes to resume natural gas imports from Egypt, its energy minister said on Thursday after a visit to Egypt. Egypt stopped exporting gas after the 2011 uprising that unseated leader Hosni...

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The Zohr field produced 12.2 bcm of natural gas in 2018

The Zohr field produced 12.2 bcm of natural gas in 2018, Russian energy giant Rosneft said on Thursday. The company, which holds a 30% stake in the Shorouk concession, reported that production in...

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Egypt’s role as regional energy hub gets a spotlight on CNBC

  Opportunities for employment, business and even maintaining peace will all grow as a result of gas reserves in the Middle East, Oil Minister Tarek El-Molla told CNBC in an interview on Monday....

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Establishment of the “East Mediterranean Gas Forum” in Cairo

Written by Mai Wagdi: The ministers of energy in seven countries (Egypt, Jordan, Palestine, Israel, Cyprus, Greece and Italy) met on Monday, 14 January, and agreed on the establishment of the East...

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Egypt’s Sisi: Newly-discovered gas fields to save about $3.6 bln yearly

Till some years ago Egypt was among the energy exporters, and now it has become an importer after domestic output failed to keep pace with rising demand in recent years. But the discovery of the 850...

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Minister of Petroleum and DMG: Events Unfold Details of EGYPS 2017

His Excellency, Engineer Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources held a press conference in the lead up to Egypt Petroleum Show – EGYPS, which will take place between...

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ENI Tells El Sisi “Zohr Gas Field” Flows By end 2017

During a recent meeting between ENI CEO Claudio Descalzi and Egyptian President Abdel el Sisi, the ENI CEO disclosed that his firm would have the massive Zohr natural gas field online by the end of...

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Egypt to cut fuel subsidies 43% as gov’t seeks to reduce deficit

Egypt will reduce spending on fuel subsidies by nearly 43 percent in the 2016/17 budget due mainly to lower global energy costs, officials said on Saturday. Finance Minister Amr al-Garhy told a news...

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