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#Petroleum Minister

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Egypt Clears $6.1 Billion in Dues to Foreign Partners, Boosting Energy Sector ConfidenceEconomy

Egypt Clears $6.1 Billion in Dues to Foreign Partners, Boosting Energy Sector Confidence

Egypt has successfully settled US$ 6.1 billion in outstanding dues to foreign partners in its oil and gas sector, signaling a new phase of trust and investment. This move coincides with advancements in linking the Cypriot "Aphrodite" gas field to Egypt's infrastructure.

Egypt Independent|October 21, 2026
Egypt's Petroleum Minister Outlines Ambitious Five-Year Expansion Plan for Coop PetroleumEconomy

Egypt's Petroleum Minister Outlines Ambitious Five-Year Expansion Plan for Coop Petroleum

Egyptian Petroleum Minister Karim Badawi has directed Coop Petroleum to develop an ambitious five-year growth plan following a fiscal year marked by record profits and surging marine bunker sales.

Egypt Independent|September 7, 2026|1