News / Egypt
Qarun Petroleum to Invest $190m
Qarun Petroleum Company plans to allocate $190m investments in its budget of fiscal year 2017/2018.
Egypt Delayed Bids on Renewable Projects
The Egyptian Ministry of Electricity and Renewable Energy delayed receiving three bids for a tender meant to build wind farms and solar power plants in Aswan and west of the Nile with total capacity 650MW.
Khalda Petroleum to Invest $810m
Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and US Apache, allocated $810m investments in the budget of fiscal year 2017/2018
El Molla Reviewed APRC, Alexandria Petroleum Budgets
Egyptian Minister of Petroleum, Tarek El Molla, reviewed 2017/2018 budgets for Alexandria Petroleum Company and Amreya Petroleum Refining Company (APRC).
Egypt to Import 1.4bcf/d of Gas
The Ministry of Petroleum and Mineral Resources asked the Central Bank of Egypt (CBE) to provide $270m per month to import 1.4bcf/d of gas starting from June.
GUPCO to Invest $538m in FY 2017/2018
Gulf of Suez Petroleum Company (GUPCO) has allocated $538m investments in the new budget of fiscal year 2016/2017.
Media Production City to Consider Solar Energy
Egyptian Media Production City negotiated with the Arab Organization for Industrialization (AOI) in order to construct a 300KW solar power plant.
Elsewedy, NCC to Extend Electric Lines
Elsewedy Electric Company and the National Contracting Company (NCC) won an electricity tender to construct three electricity lines in Upper Egypt.
