News / Egypt
Around 6.2m Egyptians Applied for Fuel Smart Cards
Egyptians who applied for fuel smart cards until the 10th of March 2017 reached 6.2m citizens.
Orascom Seeks Consortium for a $8b Coal Plant Bid
Orascom Construction is in talks to form a consortium to bid on establishing the 6000 MW $8b Hamrawein clean coal power plant, CEO, Osama Bishai said. Bishai named Shanghai Electric, Dongfang Electric, Mitsubishi Hitachi, and Sumitomo Electric, as potential partners the company is negotiating with.
Egypt Launches Interconnection Projects
Egypt's Electricity Ministry has begun work on electricity interconnection projects with Saudi Arabia, Jordan, Syria, Lebanon, Iraq, Morocco, Libya, Tunisia, and Algeria, in a bid to export the surplus power.
EGAS Cuts Natural Gas Imports
The Egyptian Natural Gas Holding Company ( EGAS) has cut its imports of natural gas imports to five monthly shipments (equivalent to 700 mcf/d) from eight (800 mcf/d) since the beginning of 2017 thanks to rising domestic production and lower consumption.
Egypt Pumps Gas to Beni Mazar
Egypt started pumping natural gas to Beni Mazar city in Minya and Kafr Soliman City in Dammietta for the first time.
USD Price Increases Petroleum Import Bills
USD Exchange rate increases diesel and benzene import bills by $50m per day.
Commercial Operations of New Administrative Capital Power Plant to Begin
Siemens is set to begin the commercial operation of two units in the New Administrative Capital power plant with a capacity of 800MW at the end of this month.
Schneider Looks Forward to Change Egypt’s Electricity System
Schneider Electric is willing to change the Egyptian electricity system by providing power management and automatic controls to the New Administrative Capital.
