News / Egypt
Shell, Apache Agree on Higher Gas Price
Shell and Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia field in the Western Desert. The new agreement decided on is for the price of $4.6 per 1m thermal units instead of $2.9.
Elsewedy Electric to Complete Coal-Fired Plant Study
Elsewedy Electric, the leading integrated energy solution provider in the Middle East and Africa, is all set to complete the feasibility study for establishing a coal-fired power plant in Egypt in December.
Electricity Ministry Finalizes Suez Wind Power Project
Egypt's Ministry of Electricity has finalized the contract that legally binds GDF Suez, Toyota, and Orascom together to start inaugurating a wind power plant project in the Gulf of Suez area.
Egypt’s Petroleum Products, Gas Consumption Rose
Egypt consumed about 73.36m tons of petroleum products and natural gas during the fiscal year (FY) 2014/2015, compared to 73.04m tons in FY 2013/2014, an increase of 0.43%, according to CAPMAS.
France Offers $75.8m Gas Grant to Egypt
The French Development Agency (AFD) has offered Egypt a $75.7m grant to finance a mega-project that aims to facilitate access to natural gas to 2.4m Egyptian households.
Qalaa’s New Oil Refinery to Cut Import Bill
Egyptian Qalaa Holdings is positive that its new mega refinery will reduce the country’s dependence on oil imports, according to what its Chairman, Ahmed Heikal, said in an interview.
Egypt to Issue LNG Cargoes Tender
Egypt is set to issue a tender seeking 10 LNG cargoes to be delivered in July and August.
Egyptian Cabinet Approves Nuclear Cooperation with Riyadh
The Egyptian cabinet has officially approved cooperation with Saudi Arabia in peaceful usage of nuclear power and on nuclear security.
