Egypt Consumes 1 M tons of Diesel in January
The country produced between 520,000 and 550,000 tons of diesel via all its refineries in January, covering around 50% of the market's consumption.
The country produced between 520,000 and 550,000 tons of diesel via all its refineries in January, covering around 50% of the market's consumption.
Egypt is conducting four projects and adding them to production according to plans with total investments estimated at $27.2 billion.
The competing companies include Spanish Siemens –Gamesa, Danish Vestas, and German Senvion.
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
The Ministry of Electricity and Renewable Energy seeks to boost production capacity from wind farms through new projects such as the 250 MW generation project that operates by 3 companies.
Egypt and Lebanon agree on revising the operational, economic, and commercial annexes in light of the 2009 contract between the two countries.
Petrobel awarded a contract for Shelf Drilling's jack-up rigs to operate in the Gulf of Suez.
The 11 E&P projects in the oil and gas field will be located in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta and the Western Desert.
Egypt linked 29,000 households per week to the national grid during January 2019 and aims to reach 600,000 households by the end of February 2019.
Egypt is carrying out six refining mega projects with $9 billion investments as a part of the oil and gas sector's Modernization Project.