Petroleum Minister

BP to dig its first exploratory well in Gulf of Suez
Egypt

BP to dig its first exploratory well in Gulf of Suez

  British Petroleum (BP) will begin digging its first exploratory wells in a new concession area northeast of the Ramadan…
Citizens to buy gas in monthly installments
Egypt

Citizens to buy gas in monthly installments

Citizens will now pay to install natural gas in theirhomes by monthly installments over six years, Petroleum Minister Tarek al-Mulla…
Gas Market Regulatory Authority backs plan to transform Egypt into regional center for gas trading
Business

Gas Market Regulatory Authority backs plan to transform Egypt into regional center for gas trading

  Petroleum Minister and Chairman of the Gas Market Regulatory Authority Tareq al-Mulla, said that the gas market regulation law backs…
International bids for oil exploration to launch in 2018: Petroleum Minister
Egypt

International bids for oil exploration to launch in 2018: Petroleum Minister

Petroleum Minister Tarek al-Mulla announced that international bids for oil and gas exploration in several regions of Egypt will be…
Petroleum Minister: 100% increase in natural gas production by 2020
Business

Petroleum Minister: 100% increase in natural gas production by 2020

Egypt’s new natural gas projects will increase production by 50 percent in 2018, and 100 percent by 2020, Petroleum Minister…
Petroleum Minister denies news reports on increasing gasoline prices
Egypt

Petroleum Minister denies news reports on increasing gasoline prices

Petroleum Minister Tareq al-Mulla said the plan on subsidy restructuring was previously drawn to ensure that subsidies go to those…
Egypt, Belarus discuss cooperation in oil field
Egypt

Egypt, Belarus discuss cooperation in oil field

Egypt's Minister of Petroleum and Mineral Resources Tarek al-Mulla discussed with Belarus Ambassador to Cairo, Sergei Rachkov, means of cooperation…
Egypt agrees to import Iraqi oil for refining: petroleum minister
Business

Egypt agrees to import Iraqi oil for refining: petroleum minister

Petroleum Minister Tareq al-Molla announced on Monday an agreement with Iraq to import Basra crude oil for refining in Egypt,…
Egypt has alternatives to Saudi Aramco oil products if necessary: minister
Egypt

Egypt has alternatives to Saudi Aramco oil products if necessary: minister

The five-year-long agreement on the supply of petroleum products with Saudi Aramco is still valid and has not been canceled,…
Oil pipeline agreement with Iraq, Jordan should be implemented: former minister
Business

Oil pipeline agreement with Iraq, Jordan should be implemented: former minister

Former Petroleum Minister Osama Kamal has praised plans to build a two-way oil pipeline linking Egypt to Iraq via Jordan,…
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