Tag Archives: Egypt

Saudi Aramco. the world’s largest oil producer. has supplied 1 million barrels of crude oil to Egyptian refineries. Egypt’s Petroleum Minister Tarek El Molla told Reuters on Sunday.

Egypt and Cyprus have in the last three years aimed at forging closer ties as part of a relationship built largely on energy cooperation.

The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.

The energy watchdog revised down its outlook by 11 per cent as financing risks mount in the countries.

Liquified natural gas imports will be limited to 80 shipments worth $1.8 billion in 2017 18 in anticipation of Zhor'.s completion by late 2017.

Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.

American companies are an important partner and a key player in the production of oil and gas in Egypt.

Rosneft is one of the international firms involved in the exploration and exploitation of Egypt’s Zohr gas field.

The project. worth 12 billion yen. will be through a sector soft loan from Japan'.s Official Development Assistance (ODA) that will be paid over 40 years. including a 10-year grace period.

Construction work at the plant to be built near the city of El Alamein. is expected to create 20.000 jobs.