News / Egypt
Three Companies Make It to FiT phase(1)
The Egyptian Electricity Holding Company chief ,Eng. Gaber El Dessouky, said that three companies out of nine made the cut for phase one of FiT program.
El Molla Ensures Operational Efficiency at Alexandria Company
Tarek El Molla said that the Egyptian petroleum sector is successfully implementing the upgrading and development plan of refining.
Toyota Alliance to Complete Wind Farm Financial Closure
Toyota, Orascom, and GD France alliance is waiting the New and Renewable Energy Authority (NREA) to complete the land allocation agreement for the Gulf of Suez wind farm.
Eni to Extract 200mcf/d from Zohr Field by October
Italian Eni will start producing 200mcf/d of gas from Zohr deep water field in the Mediterranean by October 2017.
Egyptian Ganope Signs an MoU with Russia
Ganoub El Wadi (Ganope) signed a Memorandum of Understanding (MoU) with Russia's Zarubezhneft Jst and the Egyptian Natural Gas Holding Company (EGAS) to develop petroleum production ratio.
AMOC Invests $800m for Production Increase
Alexandria Mineral Oils Company (AMOC) plans to increase diesel production to be 620,000 tons in 2017/2018.
Egypt to Announce Huge Gas Field Discovery
Egypt will announce a new gas discovery in Nile Delta that will compete with the giant Zohr offshore field.
EGPC, Tax Authority to Discuss Value Added Tarrifs
The Egyptian General Petroleum Corporation (EGPC) will meet with the Egyptian Tax Authority in order to discuss applying the Value Added Tariff (VAT) on petroleum activities.
