News / Egypt

Fajr Cuts Electricity Costs at Headqurters by 65%

The Egyptian Fajr Natural Gas Company reduced electricity consumption at its headquarters by 67%, recording annual savings of EGP 900,000, an achievement hailed by Karim Badawi, Minister of Petroleum and Mineral Resources, during the company's general assembly meeting.  

Fajr Chairman, Ehab Kamal, reported that 2025 represented a strategic turning point as the company transitioned from planning to execution. The company recorded its first operating revenues from integrated service stations through the "El Banafseg" station in New Cairo, which provides natural gas fueling and electric vehicle (EV) charging services.

Madbouly and Badawi Outline Strategy for Summer Energy Security

Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources, to follow up on a number of work files, including efforts to secure the local market’s needs for natural gas and petroleum products.

Madbouly Urges Solar Shift for Homes, Industry

Prime Minister Mostafa Madbouly urged the government to launch an initiative to incentivize factories and households to transition to solar energy, stressing that this is a top government priority.
This came during the Central Crisis Management Committee meeting, chaired by Madbouly, to follow up on the latest developments of the current crisis.

MEES: Iran War Enhances Egypt’s East Med Gas Hub Role

"Egypt’s bid to become the East Mediterranean gas hub and export gateway to the world has been bolstered by the geopolitical upheaval in the Gulf. With liquified natural gas (LNG) exports disrupted and alternative export routes slow to progress, Egypt is well placed to consolidate its position,” stated the Middle East Economic Survey (MEES), a widely read weekly publication focusing on developments in the region’s energy landscape.

Egypt is solidifying its role as the central hub for profiting from Eastern Mediterranean energy resources, according to the publication, which explained that by acting as the primary destination for new gas production from Israel and Cyprus, Cairo intends to leverage these regional inflows to satisfy its rising internal energy needs. Furthermore, this strategy allows Egypt to process excess supply through its coastal LNG facilities, which are currently operating below capacity, for export to the global market.

Egypt to Build $10Bn Green Ammonia project in Ras Banas

Egypt’s Minister of Industry, Khaled Hashem, met with a delegation from Egypt Amun Green Ammonia (EAGA), a consortium formed by Poland’s Hynfra and Egypt’s Coxswains, to discuss a planned green ammonia project. The initiative foresees initial investments of $5 billion, rising to $10 billion upon reaching full capacity.

Local Demand on Methanex Egypt Output Up Tenfold in 15 Years

The overall production of Methanex Egypt, the country's sole producer of Methanol, reached 1.1 million tons (mmt) in 2025, recording 1.5 million safe man-hours without injuries, Mohamed Shindy, Managing Director of Methanex Egypt, told the company’s General Assembly convened to approve the 2025 fiscal year (FY) financial performance.
The company has exported over 12 mmt to European and Asian markets since its inception, securing consistent foreign currency inflows for the Egyptian economy

Badawi Outlines Five-Year Infrastructure Plan to Reduce Imports

Karim Badawi, Minister of Petroleum and Mineral Resources, confirmed that the petroleum sector is executing an ambitious five-year plan to increase production by upgrading and expanding existing infrastructure, according to a statement by the Ministry. The strategy aims to rapidly integrate targeted increases in reserves and production into the national grid, preventing bottlenecks and optimizing additional potential. Primarily, these efforts focus on reducing the national import bill, meeting domestic market requirements, and supporting the expansion of value-added industries.

SCZONE , UNIDO Launch National Clean Hydrogen Program

The General Authority for the Suez Canal Economic Zone (SCZONE), in collaboration with the United Nations Industrial Development Organization (UNIDO), announced the launch of Egypt’s National Clean Hydrogen Program. This initiative is designed to advance Egypt’s transition toward a competitive, low-carbon economy anchored by green hydrogen production and export.

Supreme Council of Energy Review Supply Security, Renewable Drive

Prime Minister Mostafa Madbouly convened the Supreme Council of Energy today to review the status of electricity, petroleum products, and natural gas supplies, according to a statement by the cabinet. During the session, the Council affirmed its commitment to securing energy requirements for national and industrial projects, ensuring operational sustainability while maximizing productive capacities. This strategic coordination is designed to bolster economic growth and accelerate the localization of domestic industry amidst prevailing regional and international challenges.
Attended by Minister of Petroleum and Mineral Resources Karim Badawi and Minister of Electricity and Renewable Energy Mahmoud Esmat, the session focused on securing the energy supplies required for diverse industrial activities.

EGPC Targets Production Leap, Energy Security

The Board of Directors of the Egyptian General Petroleum Corporation (EGPC) held a meeting to review measures for accelerating production and securing domestic energy supplies. During the meeting, conducted via Video conference, both EGPC CEO Salah Abdel Kerim and the Deputy CEO for Financial and Economic Affairs, Amal Tantawi, presented initiatives aimed at attracting new investments to the Gulf of Suez, the Mediterranean, and the Western Desert to increase petroleum and natural gas production.

Chaired by Karim Badawi, Minister o

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