The tender specifies that the delivery will take place through storage-tank transfer at its oil hub Sidi Kerir on August 16.
12.07.2014
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News by
Reuters
EGAS and EGPC promised to have a terminal up and running last summer until a chaotic tendering process and political upheaval pushed back the job.
11.07.2014
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News by
Reuters
Despite early opposition to restarting energy trade with Israel, Cairo now appears willing to explore the possibility.
10.07.2014
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News by
Forbes
Petroleum minister says there is no 'embarrassment' in Egypt indirectly importing Israeli gas, given Egypt's economic situation and interests.
07.07.2014
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News by
Haaretz
Egypt's public has long relied on government-subsidized fuel, bread and energy that account for nearly one-third of the nation's budget.
07.07.2014
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News by
Wall Street Journal
Zeinab Awad Allah also warned the cost increase could start monopolies and would cause public anger and backlash.
06.07.2014
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News by
The Cairo Post
Egypt's government said it was determined to tackle the subsidies' burden and cut most within five years.
05.07.2014
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News by
Reuters
The country is suffering from a shortage in gas supplies, which has affected completion of some petrochemical projects.
05.07.2014
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News by
Zawya
Egypt will raise fuel prices in ranges that reach up to a 78 percent hike starting midnight, an Oil Ministry source told Reuters on Friday.
05.07.2014
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News by
Aswat Masriya
There is positive relationship between the cost of gas and the percent of consumers who change their spending patterns because of gas prices.
05.07.2014
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News by
Forbes
Subsidy going to energy amounts to LE100.3 billion after the cuts, while the electricity sector gets LE27.2 billion in the new budget.
03.07.2014
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News by
All Africa
Explorers in Egypt expect constraints on domestic energy prices to loosen, urging new investment in oil and natural gas fields.
02.07.2014
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News by
Daily Star Lebanon
An official Source in Vodafone Egypt revealed that in case of boosting fuel price Vodafone will increase prices for its services.
02.07.2014
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News by
Zawya
State to raise prices of all petroleum products and electricity in order to reduce budget deficit to 10 percent of GDP by 2015.
30.06.2014
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News by
Ahram Online
The letter sets out terms of a final accord, including the sale of 7 billion cubic meters of gas a year for 15 years at a price to be determined.
29.06.2014
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News by
Bloomberg
Egypt can export LNG but cannot import it without installing the terminal.
29.06.2014
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News by
Reuters
The new investments come within the framework of BAPETCo's 2014/15 budget, which has been endorsed by the Egyptian oil minister.
29.06.2014
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News by
Zawya
The latest government figures put Egypt's debts to foreign oil companies operating there at $5.7 billion.
27.06.2014
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News by
World Bulletin
The offer of five 145,000-cubic-metre cargoes was made after a visit by Egyptian President Abdel Fattah al-Sisi to Algiers.
26.06.2014
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News by
Business Insider
Energy prices in Egypt are among the cheapest in the world, with subsidies eating up a fifth of state spending.
21.06.2014
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News by
Reuters