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Petroleum Ministry: Huge oil storage facilities, with capacity of 400,000 tons, at Elhamra Terminal

The Western Sahara Petroleum Company (WEPCO), the Managing of al-Hamra Terminal and Oil Pipelines, said that the first phase of storage facilities, with a capacity of 130,000 tons of petroleum products, is being completed and includes eight facilities for storing diesel, gasoline and aviation fuel.

Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
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Egypt Targets 42% Renewable Energy Share By 2035: Petroleum Min

The State is planning to lure major foreign investments in the oil and gas industry, while working on increasing the supply of electricity generated from new and renewable sources to 42 per cent by 2035, Minister of Petroleum and Mineral Resources Tarek al-Molla said.

Gov t Starts Repaying Foreign Partners Dues Of Oil Projects

Prime Minister Moustafa Madbouly has stressed that the State is keen on taking intensive actions on the dues of foreign petroleum companies working in Egypt through implementing a mechanism for repaying such dues.

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