Stock Quote:
TGL  $ 1.55  $ 0.05
TGA  $ 1.26  $ 0.05
BZX17  $ 56.79  $ 0.36

Oil Marketing

TransGlobe began direct marketing Eastern Desert entitlement crude oil to international buyers in 2015.  Direct oil marketing has improved liquidity and decreased credit risk.

EGPC’s cooperation on TransGlobe Energy’s export initiative is a positive indication of Egypt’s commitment to becoming a more open economy and attracting foreign investment.