Egyptian General Petroleum Corporation
| Public | |
| Industry | Oil and gas industry |
| Founded | 1956 |
| Headquarters | Cairo, Egypt |
| Products |
Petroleum Natural gas Petroleum products |
| Owner | President Abdel Fattah el-Sisi |
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
- ↑ 1.0 1.1 1.2 "Company Overview of Egyptian General Petroleum Corporation". BusinessWeek. Retrieved 18 September 2013.