News / Egypt
EETC to Review Technical Notes for Egypt-Saudi Power Link
Head of the Egyptian Electricity Transmission Company (EETC) will meet with Siemens, ABB and Alstom companies to discuss the transformer tender of the $1.6b Egyptian-Saudi electricity linkage project.
Egypt’s Four Gas Fields to Resolve Energy Crises by 2019
A source at the Ministry of Petroleum and Mineral Resources told Egypt Oil&Gas that Egypt's four key natural gas fields represent a path for helping the country resolve its energy crises by 2019.
Egypt, China to Finalize Coal-Fired Plant Contract
Egypt's Ministry of Electricity and Renewable Energy is expected to endorse the final contract to establish a coal-fired power plant with China’s Shanghai Electric when Egypt’s President Abdel Fattah El Sisi visits China in September 2016.
Egypt and Israel Unite Over Energy Deals
The first Egyptian Foreign Minister to visit Israel in nine years, Sameh Shoukry, discussed with his Israeli counterparts the natural gas exports to Egypt and regional cooperation in building joint infrastructure for gas exports to Asia or Europe.
Egypt to Witness Increase in Electricity Prices
The Minister of Electricity and Renewable Energy, Mohamed Shaker, has announced that a slight increase in the prices of electricity will be witnessed during the first three segments of consumption. Later on the prices will steadily increase as consumption gets higher. The cabinet is expected to approve the new tariff on electricity consumption within a few days.
Egypt Inks Agreement on 18 Projects Funded by China
The Egyptian and Chinese ministers of trade and industry, along with the ministers of investment, have signed an agreement to research and execute 18 Chinese-funded projects that aim to increase the productive capacity of both China and Egypt.
Zohr Gas Reserves Estimates Rise to 32tcf
The discovery of a large gas-carrying layer at Zohr field’s second well, that was developed by Italian company Eni, has resulted in an increase of the field’s total gas reserves to 32tcf, compared to formerly estimated production volume of 30tcf.
Assiut Power Plant Tenders Attract 26 Companies
Twenty-six national and international companies have submitted their offers for the transformer, electrical work, civil work, and reservoir tenders at the Assiut Al-Walideya power plant. The final decision on the four tenders will be made within three months.
