Your Portal for Key Energy Information and Research

Egyptian General Petroleum Corporation

Company Summary


The Egyptian General Petroleum Corporation is a national oil company of Egypt.

Related Entities

Recent news

  • 6/15/2022 - Israel-Egypt Increases... (subscriber access)
  • 12/27/2021 - APA & Sinopec Sign... (subscriber access)
  • 5/4/2021 - APA Reaches Prelim Deal... (subscriber access)
  • 3/26/2021 - Egypt's SUMED Crude... (subscriber access)
  • 12/7/2020 - ENI & Partners Reach... (subscriber access)

Company Transactions

Date: 3/31/2020
Type: Acquisition

Eni and Naturgy have reached an agreement within Egypt to restart operations at the contested 7.56 Bcf Damietta LNG Plant in Northern Egypt by June 2020. In sum, the deal will see Naturgy close its businesses in Egypt and break-up the JV with Eni. Eni will increase its holdings in the plant alongside Egyptian state-owned firms. The plant has been offline since 2012 when political turmoil hit Egpytian gas supply and the country was forced to begin importing supplies. Once the deal closes, the plant will be 50% owned by Eni, 40% by EGAS and 10% by EGPC.
  • Mediterranean
  • North Africa