Egyptian General Petroleum Corporation

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

History[edit]

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[edit]

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[edit]

  1. ^ a b c "Company Overview of Egyptian General Petroleum Corporation". BusinessWeek. Retrieved 18 September 2013. 

External links[edit]