Egyptian General Petroleum Corporation

Egyptian General Petroleum Corporation
Public
Industry Oil and gas industry
Founded 1956
Headquarters Cairo, Egypt
Products Petroleum
Natural gas
Petroleum products
Owner Ministry of Petroleum
Website www.egpc.com.eg

The Egyptian General Petroleum Corporation (EGPC) (Arabic: الهيئة المصرية العامة للبترول‎‎) is a national oil company of Egypt.

History

The company was established in 1956 with its headquarters in Cairo.[1] At the foundation stage it was named General Petroleum Authority.[1] It was renamed as Egyptian General Petroleum Corporation in 1962.[1]

Structure

EGPC owns 70% of shares in the Egyptian Natural Gas Company, as well as a 75% stake in the petroleum-industry support airline Petroleum Air Services (the remaining 25% being held by the British firm Bristow Group).

It also owns a stake in the East Mediterranean Gas Company.

References

  1. 1 2 3 "Company Overview of Egyptian General Petroleum Corporation". BusinessWeek. Retrieved 18 September 2013.

External links


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