Tarek El Molla

Abu Qir launches a new company with EGP 10 billion capital

Tue, 23 May 2023 - 03:30 GMT

The new company will have an annual ammonia production capacity of 1200 tons per day, production of nitric acid with a capacity of 1830 tons per day, and production of ammonium nitrate with a capacity of 2400 tons per day.

Egypt, Israel, EU sign agreement on natural gas delivery to EU from East Med region

Wed, 15 Jun 2022 - 10:20 GMT

Egyptian Minister of Petroleum Tarek El-Molla and Israel's Minister of Energy Karin Elharar signed an agreement on Wednesday on natural gas delivery to the European Union (EU) from the East Med region, according to media reports.

Lebanese Minister of Petroleum thanks President Sisi for his supporting stance

Fri, 15 Apr 2022 - 04:00 GMT

Egypt’s Minister of Petroleum Tarek El Molla, received on Friday his Lebanese counterpart Walid Fayyad and the accompanying delegation, currently visiting Cairo.

Oil min. says 3D seismic surveys in Red Sea to end soon

Sun, 20 Mar 2022 - 02:45 GMT

The surveys' completion would pave the way for carrying out future oil and gas exploration activities in the area, Molla said.

Egypt's petroleum sector exports rises to $13B in 2021

Mon, 14 Feb 2022 - 03:30 GMT

Molla pointed to achieving a surplus in the oil trade balance for the first time in 2021 at an amount of $2.9 billion.

Petroleum minister: Upper Egypt’s new fuel complex to produce 800,000 tons of gasoline annually

Wed, 22 Dec 2021 - 02:59 GMT

He made the remarks during the inauguration of a number of developmental projects as well as the gasoline production complex in Upper Egypt with the attendance of President Abdel Fattah El-Sisi.

Egypt to allocate all capabilities to help end Lebanese energy crisis, work to quickly send natural gas to Lebanon: minister

Wed, 08 Sep 2021 - 01:30 GMT

Egypt’s Minister of Petroleum Tarek El Molla voiced hope that the country can soon export gas to Jordan to help supply Lebanon with electricity.

Egypt voices hope to soon export gas to provide electricity to Lebanon

Wed, 08 Sep 2021 - 10:57 GMT

Egypt’s Minister of Petroleum Tarek El Molla voiced hope that the country can soon export gas to Jordan to help supply Lebanon with electricity.

Petroleum min.: Integrated strategy adopted to enhance handling, storage of petroleum products

Tue, 01 Jun 2021 - 01:12 GMT

Molla was speaking on Tuesday during his inspection tour at a number of new petroleum projects in Ain Al Sokhna.

Egypt discusses cooperation with Baker Hughes in designing, implementing petroleum projects

Wed, 19 May 2021 - 01:27 GMT

Both sides discussed ways to exchange experiences and transfer modern technologies through the expansion of joint workshops, according to Ministry of Petroleum statement.

Multi-stakeholder platforms help in exploring opportunities for int'l partnerships in petroleum sector: Al-Mashat

Sun, 09 May 2021 - 04:13 GMT

"The oil and gas sector development strategy has led to the signing of 98 international agreements with a minimum investment of $16 billion,” Tarek el-Molla commented.

Molla: New company for bioethanol at $100M investments

Wed, 14 Apr 2021 - 01:08 GMT

The new facility will produce 100,000 tons of bioethanol annually, he said.

Oil Min., Shell Egypt signs 2 agreements for investments in western Mediterranean

Mon, 22 Mar 2021 - 02:08 GMT

He explained that the two agreements are a continuation of Shell’s strategy by focusing its investments in Egypt in the marine concession areas and deep waters.

Egypt seeking to become int'l mining hub, says minister

Tue, 09 Mar 2021 - 01:47 GMT

The government is working to turn Egypt into an international mining hub, Molla told an annual conference of the Prospectors and Developers Association of Canada (PDAC) via video conference.

Molla: Egypt taking steady steps to become regional hub for energy, trade

Thu, 04 Mar 2021 - 11:41 GMT

He also expounded the country's efforts to expand the use of clean energy as part of efforts to diversify clean energy sources by 2025.

Petroleum minister probes cooperation with Palestinian investment fund chief in energy sector

Mon, 22 Feb 2021 - 03:55 GMT

This came during their meeting at the Palestinian presidency headquarters in Ramallah which was attended by Palestinian energy authority chief Zafer Melhem.

Egypt targets to raise mining sector contribution to GDP to 5% in 5 years

Tue, 16 Feb 2021 - 03:00 GMT

Molla added in his statement to the House of Representatives, that the contribution of the mining sector to the GDP is "insignificant", and does not exceed half a percent only, which does not reflect the real capabilities of this sector.

Petroleum minister confers with Mercuria officials on ship supply services

Sun, 14 Feb 2021 - 12:53 GMT

Molla stressed the importance of the geographic and strategic location of Egyptian ports and assured Mercuria representatives about business incentives and infrastructure.

Bloomberg says Egypt on course to become one of world's top 10 gas exporters

Fri, 29 Jan 2021 - 12:47 GMT

Bloomberg has announced that Egypt is on the course to become one of the world's top 10 natural gas exporters if it reaches full capacity in 2021, backed by the country's endeavors to boost its exports of liquified natural gas, through restarting one of its two production plants.

New refineries, projects being implemented with investments of $7B : Petroleum Min.

Mon, 11 Jan 2021 - 03:44 GMT

Molla said that refineries have an important role to play in meeting and securing the needs of the local market for petroleum products.