Ashraf Fekry
Plan to abolish subsidies will distribute fuel with coupons, raise gas prices
Business
May 6, 2012
Plan to abolish subsidies will distribute fuel with coupons, raise gas prices
The government is planning the total abolition of subsidies for petroleum products by 2018, with official sources saying gasoline and…
More housing units to receive natural gas in 2012
Business
January 24, 2012
More housing units to receive natural gas in 2012
Eighty-five thousand housing and commercial units in six Upper Egyptian governorates will be provided with natural gas in 2012, Egypt’s…
Egypt notifies gas importing countries of pipeline suspension
Business
November 12, 2011
Egypt notifies gas importing countries of pipeline suspension
The Ministry of Petroleum officially notified the countries importing natural gas from Egypt that gas exports were suspended due to…
Damietta residents clash with police over Agrium plant
Egypt
November 10, 2011
Damietta residents clash with police over Agrium plant
Clashes erupted in Damietta on Thursday between the police and residents protesting against the expansion of the MOPCO Agrium nitrogen…
Egypt faces 7 lawsuits over gas supply hiatus
Egypt
October 23, 2011
Egypt faces 7 lawsuits over gas supply hiatus
Seven lawsuits over Egypt's halting of its natural gas supplies through the Sinai pipeline are now being considered by international arbitrators, according…
Petroleum Ministry: No lawsuits filed against Egypt for pipeline bombing
Egypt
September 28, 2011
Petroleum Ministry: No lawsuits filed against Egypt for pipeline bombing
A Petroleum Ministry official has said that shareholders of the East Mediterranean Gas Company, which exports Egyptian natural gas to…
Egypt considers renegotiating loan with IMF
Business
September 18, 2011
Egypt considers renegotiating loan with IMF
Senior official sources have revealed that the Egyptian government is considering renegotiating with the International Monetary Fund (IMF) for a…
New natural gas export prices to Jordan to be announced end September
Business
September 13, 2011
New natural gas export prices to Jordan to be announced end September
Petroleum Minister Abdallah Ghorab has said that he sent a report to the cabinet containing the results of the negotiations…
Revised gas export contract with Jordan adds US$250 million in annual profits
Business
September 7, 2011
Revised gas export contract with Jordan adds US$250 million in annual profits
The revised contract for exporting natural gas to Jordan adds an extra US$250 million in annual profits for Egypt, according…
Egypt to sign new gas deal with Jordan this month
Business
September 5, 2011
Egypt to sign new gas deal with Jordan this month
An agreement to review prices for the Egyptian natural gas exports to Jordan will be signed this month, a senior…
Egypt mulls new natural gas projects in Iraq
Business
September 1, 2011
Egypt mulls new natural gas projects in Iraq
The Egyptian Natural Gas Holding Company (EGAS) is considering several new natural gas projects in Iraq in collaboration with Iraqi…
Jordan agrees to negotiate price revisions for Egyptian gas exports
Business
August 25, 2011
Jordan agrees to negotiate price revisions for Egyptian gas exports
Jordanian authorities have sent official letters to the Egyptian Petroleum Ministry to indicate their willingness to renegotiate the prices of…
Sinai residents to be compensated for damage caused by pipeline explosion
Business
August 11, 2011
Sinai residents to be compensated for damage caused by pipeline explosion
The Egyptian Natural Gas Company (GASCO) will compensate North Sinai residents who were affected by last month’s attack on the…
Gas supply company owes Egypt millions, says government source
Business
August 3, 2011
Gas supply company owes Egypt millions, says government source
Eastern Mediterranean Gas (EMG), the company supplying Israel with natural gas from Egypt, owes the Egyptian Natural Gas Holding Company…
East Mediterranean Gas asks permission to resume pumping gas to Israel
Business
July 27, 2011
East Mediterranean Gas asks permission to resume pumping gas to Israel
The East Mediterranean Gas (EMG), the company that exports Egyptian natural gas to Israel, has requested permission to resume pumping…
Finance Ministry earmarks US$300mn to fund petroleum purchases
Egypt
July 25, 2011
Finance Ministry earmarks US$300mn to fund petroleum purchases
Egypt’s Finance Ministry allocated US$300 million in mid-July for the Egyptian General Petroleum Corporation to purchase petroleum throughout the first…
Egypt and Jordan to sign final contract on gas exports
Egypt
July 9, 2011
Egypt and Jordan to sign final contract on gas exports
The Ministry of Petroleum has sent the terms of Egypt's new agreement with Jordan on gas exports to the cabinet…
Egyptians in Spain urged to demand extradition of Mubarak-linked businessman
Egypt
June 19, 2011
Egyptians in Spain urged to demand extradition of Mubarak-linked businessman
A group called “No to the Gas Setback” has called on Egyptians in Spain to press the authorities to extradite…
Minister: Egypt-Jordan gas dispute will not need international arbitration
Egypt
June 7, 2011
Minister: Egypt-Jordan gas dispute will not need international arbitration
Disagreements over the price for Egyptian natural gas exports to Jordan will not require international arbitration, according to Egyptian Minister…
Test pumping of gas to Israel and Jordan to start this week
Business
June 5, 2011
Test pumping of gas to Israel and Jordan to start this week
Petroleum Ministry sources said that the test pumping of natural gas to Jordan and Israel would be resumed this week,…