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Platts: Egypt’s Sokhna port to start bunkering operations in July

Platts: Egypt’s Sokhna port to start bunkering operations in July

Egypt’s Suez Canal Economic Zone targets commencing bunkering operations at Sokhna port July 1, the Vice Chairman of the General Authority for the SC Zone, Abdelkader Darwish, was quoted late Monday as saying. The authority has invited marine fuel suppliers to submit applications for bunker supply licenses at the port by April 7, Darwish was … Continue reading

TransGlobe Energy announces Egypt operations update, says NWG 38 – Red Bed discovery now on production

TransGlobe Energy announces Egypt operations update, says NWG 38 – Red Bed discovery now on production

TransGlobe Energy Corporation announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. ARAB REPUBLIC OF EGYPT – EASTERN DESERT North West Gharib, Arab Republic of Egypt (100% working interest, operated) The Company is pleased to provide an update on the NWG exploration and development activities. NWG 38 – Red … Continue reading

OPEC Secretary General: Egypt may join oil production limiting agreement

OPEC Secretary General: Egypt may join oil production limiting agreement

Egypt may join the oil production limiting agreement, OPEC Secretary-General Mohammed Barkindo said at the press-conference on Tuesday. “We still expect more other producers will join [the agreement] in the possible time… Yes, we would like to see Egypt to be part [of the agreement],” Barkindo said. Egypt is currently an observer state in the … Continue reading