Revenues widened to EGP 1.32 billion in 9M-22 from EGP 112.08 million in 9M-21, the basic and diluted earnings per share hiked to EGP 4.04.
The meeting reviewed the Plan and Budget Assembly of WEPCO and Badr Petroleum Company for the fiscal year 2023/2024.
Egypt’s President Abdel-Fattah El-Sisi and Romanian Prime Minister Nicolae Ciuca discussed on Monday in Cairo cooperation between the two countries.
The Damietta plant has exported 7.2mln tons of LNG since its restart in 2021.
Manufacturing and extractive industries index (excluding crude oil and petroleum products) reached 112.43 during November 2022.
The areas affiliated with the Egyptian General Petroleum Corporation were within the Western Desert.
Damietta LNG facility has produced and loaded its 500th shipment of liquefied natural gas since it began operations in 2005.
The Egyptian Ministry of Petroleum announced Egypt has exported 60 percent of its natural gas production to Europe for the first time in history.
iCheck succeeded in converting 1,000 cars to run on clean energy in Sharm El-Sheikh before COP27.
The first phase of the deal includes supplying 1,800 dunums of the industrial zone with gas at a capacity of 90,000 cubic metres per hour.
The Egyptian gas network is considered reliable according to Khaled Abu Bakr. In the interview, he talks about his assessment of the future.
The Egyptian Natural Gas Holding Company, or Egas, has issued two new sell tenders, as weaker domestic demand continues to drive an export boost.
Italy’s Eni produces more than 50% of the Egyptian natural gas, El-Molla said.
the extended cooperation between the ITFC and the Egyptian General Petroleum Corporation (EGPC) began in 2008 by providing up to $200 million per year
This brings the number of villages that the Haya Karima initiative has helped in Qena to 24.
He noted that efforts are underway to extend natural gas to other villages immediately after finalizing sanitation projects.
El Molla reviewed the projects being worked on in the field of petrochemicals in Egypt and the opportunities for investment available in the sector.
The Ministry of Petroleum and Mineral Resources has achieved response and resolution rates in complaints received by the system since its inception.
From his side, El Sisi urged for the expansion of research, exploration and production activities and efforts.
During the meeting, Sisi reviewed Eni’s current and future plans for gas exploration and production in Egypt.