News / Egypt

EETC to Review Saudi-Interconnection Bids in March

EETC delayed reviewing technical and offer for the Egyptian-Saudi electrical interconnection cables tender until March 2017.

Egypt to Covert Power Plants to Combined Cycle

Egyptian Electricity Holding Company (EEHC) will complete Shabab and West Damietta power plants conversion in the second half of 2017.

EGAS Presented 2017/2018 Budgets

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, attended the general assembly of the Egyptian Nature Gas Holding Company (EGAS) and reviewed the company's budget for fiscal year 2017/2018.

El Molla Reviewed Oil Firms’ Budgets

Minister of Petroleum, Tarek El Molla, attended general assemblies for Misr Petroleum Company, Co-operation Petroleum Company (COOP), and Petroleum Pipelines Company (PPC) to review the companies' general budgets for fiscal year 2017/2018.

Egypt to Boost Natural Gas Output

Egypt plans to increase natural gas production from 4.4bcf/d to 5bcf/d in 2017.

Egypt to Execute New Petchem Projects

Egypt s taking measures to execute four new petrochemicals projects worth over EGP 1b in order to increase added value to crude products.

GUPCO to Increase Production

Gulf Of Suez Petroleum Company (GUPCO) plans to increase its production in fiscal year 2017/2018 from its EDFO concessions, Balayeem concessions and Tour Sinai concessions.

Aramco’s Shipments Remain Halted

Saudi Aramco did not send January fuel cargos. Thus the 700,000 tons cargo of petroleum derivatives was halted for four consecutive months.

Egypt to Add 300,000 Households to Gas Grid

Egypt plans to pump natural gas to 300,000 households by April 2017.

Egypt Signed New Exploration Deals

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new oil and gas exploration agreements.

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