News / Egypt
Tarek-El Molla: Egypt Received Two Cargos of Diesel from Aramco
Tarek El Molla said that Egypt had received two cargoes of diesel fuel from Saudi Aramco.
Egypt Seeks EGP 6b from Stake Selling
Egyptian Minister of Finance, Amr El Garhy, stated that the North African Country plans to receive EGP 6b out of selling state-owned firms' stakes in the Egyptian Stock Exchange (EGX) during fiscal year 2017/2018
Egypt’s Gas Demand to Reach 4.1bcf/d in Summer
The Egyptian Ministry of Electricity and Renewable Energy estimated the amount of oil and gas it will need during summer 2017 at 4.1bcf/d of gas, 23,000 tons/d of mazut, and 3,000 tons/d of diesel.
EBRD to Finance Egypt’s Green Economy
The European Bank for Reconstruction and Development (EBRD) along with the European Union (EU) and the French Agency will offer loans for Egypt to increase energy efficiency projects.
Egypt to Establish New Polypropylene Factory
The Egyptian Ministry of Petroleum and Mineral Resources, along with the ECHEM and Sidpec, plans to establish a new polypropylene factory in Sidpec's headquarter in Alexandria. El Molla Follows Up Progress of Zohr Field
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, visited Port Said Governorate to inspect the work progress at Zohr field as a part of following up the new gas development project.
Rosneft to Provide 10 LNG Cargoes to Egypt
A trading unit of Russia's largest oil producer Rosneft Trading SA (RTSA) has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company (EGAS) in 2017.
Egypt to Achieve Electricity Sufficiency
The opening of three maÂjor power plants in March was the latest in Egypt’s efforts to end its electricÂity shortage crisis. At the cost of $6.4b, each plant will produce 4,800MW of electricity annually at peak operations.
