Egypt, Saudi Interconnection Project on Track
Domestic political events in Saudi Arabia will not impact the Egypt-Saudi Arabia Interconnection Project.
Domestic political events in Saudi Arabia will not impact the Egypt-Saudi Arabia Interconnection Project.
TransGlobe Energy Corporation announced that it failed to find hydrocarbons in two testing zones in Boraq 5.
Hossam Ibrihim Abdel Salam El Samra was appointed as the new Acting Head of Egypt Gas Company
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Electricity consumption is holding below 25,000 megawatts (MW).
The government has no plans to raise fuel prices during the current fiscal year.
Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.
The Cyprus Hydrocarbon Company (CHC) is exploring opportunities to export natural gas to Egypt.
The New and Renewable Energy Authority (NREA) is looking to establish a company to manage wind farms across the country.
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.