News / Egypt
More Oil Moved through Suez Canal
The movement of vessels carrying oil and petroleum derivatives through the Suez Canal has increased by 36% from 6.8m tons in December 2015 to reach 9.3m tons in December 2016.
Egypt to Link Matrouh to Natural Gas Grid
Supply and Internal Trade Directorate at Matrouh Governorate is executing a project to deliver natural gas through 4 phases
SDX Finalized Circle Oil Deal
SDX Energy Company finalized the deal to buy UK's Circle Oil's assets in Egypt and Morroco
Egypt Applies Smart Cards to Industrial, Energy Sectors
The Egyptian government started implementing the smart card system for heavy fuel oil and diesel supplied to factories and power plants
Siemens Develops Kuriemat Plant(2)
Siemens started developing the 1st and 2nd production unit in Kuriemat2 power plant.
Egypt to Repay $3.5b to IOCs
The Egyptian General Petroleum Corporation (EGPC) set payment exchange rate at EGP 17 for each $1.
Egypt to Evaluate Coal-Fueled Plant Offers
The Egyptian Ministry of Electricity and Renewable Energy contracted with Tractebel Engineering Consultancy Company to evaluate technical and financial offers for establishing a coal-fueled power plant.
MIDOR Refinery to Process Iraqi Crude Oil
The Egyptian General Petroleum Corporation (EGPC) is studying refining Iraqi crude from Basra in MIDOR refinery.
