News / Egypt
Egypt to Meet with Investors for FiT Projects
The Egyptian Ministry of Electricity will hold a meeting with international institutions to discuss funding renewable energy projects.
Egypt Seized 50t of Stollen Crude
The Egyptian police force seized 50 tons of crude oil that were stolen from petroleum tanks' feeding pipelines in Suez.
Egypt to Invest Over EGP 100b in Power
The Egyptian Minister of Electricity and Renewable Resources, Mohamed Shaker, stated that Egypt must produce a total of 21,952 MW of power until 2018, to meet local demand. This requires investments estimated at EGP 111b.
IFC Continues Investments in Egypt’s Renewable Energy
The International Finance Corporation confirmed it's commitment to Egypt’s energy sector and supporting the government’s agenda of promoting private, sector-led, renewable energy projects.
Siemens Invested $8.4b in Egypt’s Energy Sector
Siemens Egypt has invested around $8.94b in Egypt's energy sector to boost the country’s power generation capacity by more than 50%.
Ganope Issued a New E&P Tender
Ganoub El Wadi Petroleum Holding Co (Ganope) assigned five new concessions to American, Canadian, Malaysian, British, and Egyptian companies, and issued a tender for explorations in 10 areas located at the south of Suez Gulf and in the Western Desert
El Molla Reviewed GPC’s Fiscal Results
The Egyptian Minister of Petroleum, Tarek EL Molla, headed the general assembly of the General Petroleum Company (GPC).
Libya to Export Oil to Egypt in EGP
Libya is considering to export Libyan petroleum oil to Egypt for Egyptian Pounds to alleviate Cairo’s burden to secure foreign currency for fuel imports
