Egyptian refiner Midor issues tender to sell 30,000 tonne gasoil cargo
Egyptian refiner Midor has issued a tender to sell a cargo of gasoil with 0.1% sulphur content in May, according to a document seen by Reuters on Tuesday. The tender is for one 30,000 tonne cargo for loading at the Dekheila port of Alexandria between May 1 to 3. Bids are to be submitted by […]
Egypt signs finance agreement for Sonker’s Ain Sokhna terminal
The government signed an agreement activating the financing of Sonker’s liquid bulk terminal in Ain Sokhna, Al Masry Al Youm reported. Sonker is investing USD 500 mn to construct and operate a bulk-liquids terminal for the import and storage of gasoil and LPG in the third basin of Ain Sokhna Port. USD 320 mn of […]
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 […]
Egypt nearing deal with Iraq in search for crude oil imports
Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, Egyptian General Petroleum Corporation’s chief Tarek al-Hadidi said. Cairo’s search for additional crude comes after Saudi Arabia’s state oil firm Saudi Aramco halted shipments of oil products to Egypt last year. The $23 billion […]
ICIS: Egypt juggles fuel supply loss with currency flotation, subsidy cuts
Egypt will look for lucrative long-term deals to import refined products or turn to spot tenders with international traders to meet the vacuum left by Saudi Arabian Oil Company (Saudi Aramco)’s reported decision to indefinitely suspend its supply arrangement with the country, according to analysts. Egyptian General Petroleum Corporation (EGPC) is currently seeking seven cargoes […]
Egypt's EGPC to buy up to 165,000 tonnes of 0.1% gasoil in August
Egypt’s EGPC issued a tender to buy up to 165,000 tonnes of 0.1 percent sulphur gasoil in five cargoes during August, according to the tender documents. It requested cargoes of 30,000-33,000 tonnes for delivery into Alexandria or El Dekheila, with the delivery window for the first cargo set for August 10-12. The deadline for submitting […]