Egypt’s ministry of petroleum on Sunday said that oil supplies from Saudi Arabian Oil Co. (Saudi Aramco) have been suspended for the second consecutive month, CNN reported, citing ministry spokesman Hamdy Abdel-Aziz.

 

Earlier this year, Saudi Aramco had signed a $23 billion deal to provide Egypt with 700,000 tonnes of oil and gas products each month until 2020.

 

Abdel-Aziz confirmed that the deal with Aramco is still in effect. However, Egypt was forced to resort to new tenders in October in order to purchase fuel needed for local consumption.

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website