News / Egypt

Egypt, Saudi Interconnection Project on Track

Domestic political events in Saudi Arabia will not impact the Egypt-Saudi Arabia Interconnection Project.

TransGlobe to Plug Boraq 5

TransGlobe Energy Corporation announced that it failed to find hydrocarbons in two testing zones in Boraq 5.

New Acting Head of Egypt Gas Appointed

Hossam Ibrihim Abdel Salam El Samra was appointed as the new Acting Head of Egypt Gas Company

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

Electricity Consumption Stable under 25K MW

Electricity consumption is holding below 25,000 megawatts (MW).

El Molla Reiterates: No Fuel Price Increases this Year

The government has no plans to raise fuel prices during the current fiscal year.

EGPC Has Signed 439 Agreements Since ’73

Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.

CHC Seeking Opportunities to Export Natural Gas to Egypt

The Cyprus Hydrocarbon Company (CHC) is exploring opportunities to export natural gas to Egypt.

NREA Looking to Set Up Company to Manage Wind Farms

The New and Renewable Energy Authority (NREA) is looking to establish a company to manage wind farms across the country.

GE Completes Substation to Connect Egyptian, Saudi Arabian Grids

GE has connected a new 500/220 kilovolt (kV) gas-insulated substation to Egypt’s national grid as part of the Egypt-Saudi Arabia Interconnection Project.

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