Exports saw a sharp year-on-year decrease in July
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Egypt awards $187mn oil and gas contracts
The contracts were scooped by several western and one Tunisian company
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Adnoc to provide 65% of Egypt’s oil products
The deal will cover gasoline, diesel, heavy fuel and LPG
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UAE to provide Egypt with petroleum products
The deal is worth around $8.7bn, Reuters has reported
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BP draws first gas from offshore Egypt DEKA site
First gas will be produced at the rate of 50 million cubic feet / day
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Egypt seeks $1.5bn loan to repay oil and gas debts
Money owed to foreign oil companies operating in Egypt
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Egypt to see “double digit” fuel price hikes
Egypt will increase prices on most petroleum products within days.
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Gas shortages stall Egyptian petchem projects
Natural gas shortages have delayed petrochemical projects in Egypt.
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Egypt to raise gas production by 500,000bpd
Egypt’s strained gas sector could receive production boost by December