Egypt Revisits Electricity Projects Plan
The Ministry of Electricity and Renewable Energy decided to amend its electricity production projects plan until 2027 in light of the energy demand stability and production surplus.
News / Egypt
GE to Build Monitoring Center in Egypt’s Benban Solar Park
The Egyptian Electricity Transmission Corporation (EETC) and GE Grid Solution, a General Electric (GE) company, signed a contract to establish a monitoring center in the Benban Solar Park in Aswan.
ERC Inks Pet Coke Deal with ACC
Arabian Cement Company (ACC) signed a Petroleum Coke (pet coke) deal with Egyptian Refining Co (ERC), which states that ERC should supply 300,000 tons of pet coke per year to ACC.
Electricity Sector Witnesses EGP 500 B Development Projects: El Sisi
The Egyptian government executed many projects worth EGP 500 billion in the electricity sector, President Abdel Fattah El Sisi clarified during the “Ask the President” session held on July 31 as part of the National Youth Conference
Qalaa Holdings Explains Reduced Stake in ERC
Qalaa Holdings has confirmed in a market statement that its stake in the Egyptian Refining Company (ERC) has decreased to 13.14% because other shareholders have underwritten additional equity.
El Sisi Affirms Sector’s Natural Gas Self-Sufficiency
The oil and gas sector has succeeded in terms of self-sufficiency, manufacturing and exporting, President Abdel Fattah El Sisi said during the “Ask the President” session, as part of the National Youth Conference held on July 30-31.
Border Demarcation with Cyprus, Saudi Arabia to Boost Gas Discoveries: El Sisi
This came during the “Ask the President” session, as part of the National Youth Conference held on July 30-31, in response to a question on the Eastern Mediterranean gas discoveries.
SIDPEC Reaches Highest Polyethylene Production Since 2014
The Ethylene facility in SIDPEC has stopped working for a while and is now working again normally.
Egypt, Kuwait Negotiate to Increase Crude Oil Imports
Egypt is negotiating a contract renewal with Kuwait to import its crude oil to Egypt with double the quantity and adjustments to the merit rating scale.
Dana Gas Confirms Hiring Financial Advisors to Sell Egyptian Assets
Dana Gas confirmed that it is studying the possibility of selling its Egypt asset portfolio and has hired financial advisors accordingly.
