Ashraf Fekry

Plan to abolish subsidies will distribute fuel with coupons, raise gas prices
Business

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

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

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

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

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

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

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

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

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

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…
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