Egyptian General Petroleum Corporation

The government-owned Egyptian General Petroleum Corporation (EGPC) invests in Egyptian petroleum companies focusing on the oil sector and owns 12 of its own.

Through its wholly and partially owned subsidiaries, EGPC provides exploration, drilling, production and refining of crude oil and natural gas; transportation and storage of crude and refined petroleum; manufactures and distributes petrochemicals, lubricants, greases, fuel oils, liquefied petroleum gas and household cleaning products; ownership and operation of gas stations.

EGPC is responsible for developing and maintaining crude oil operations including the import, export and foreign joint ventures. EGPC, in 1991, granted concession areas for exploration to foreign investors such as Shell, BP ad BG Group which led to a series of international joint ventures.