The Egyptian General Petroleum Corporation (EGPC) is set to announce a tender to supply the domestic market’s petroleum products needs in January, replacing the Saudi Aramco shipments, which finished in October. Saudi Aramco’s contract to supply 700,000 tonnes of petroleum products per month was reportedly stopped with no talks of resuming it, according to sources. The government is now on the lookout for an alternative source of fuel with a facilitated payment option and considers Aramco deal to be terminated, the sources added. The Ministry of Petroleum has seen progress with a number of negotiations with Arab countries, as per the sources. The Ministry has been in negotiations with Iraq to supply Egypt with crude oil for refining - to activate the agreement signed in March- and petroleum products with long payment facilities. Meanwhile, EGPC has concluded a deal with the State Oil Company of Azerbaijan Republic (SOCAR) on the supply of 2mn barrels of crude oil for refining in the Middle East Oil Refinery (MIDOR) and El Nasr Refinery. (Daily News Egypt)