Vladimir Pushkarev

Saratov

Telephone: +78452215225

Metalworking and press forging machinery

Schwerpunkte: Trader

Oil & Gas news

Egypt settles oil partners’ arrears, paving way for renewed crude output growth

The minister said the government had gradually reduced the outstanding dues over the past two years until they were fully cleared.

Current production from the North Safa field amounts to about 15,000 barrels per day (bbl/d) through five producing wells.

Egypt’s automatic pricing committee for retail fuel products is set to resume its periodic meetings during the first quarter of the new fiscal year.

Egypt expects to import around 3.9 billion cubic feet (bcf) of natural gas per day during the current summer season.

The committee can increase prices, keep them unchanged or reduce them, depending on the cost of supplying fuel to the Egyptian market.

Oil & Gas Events

EGYPES 29.03.2027

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