News / Egypt
Egypt Received $1.2b in Oil from Aramco
Since May 2016, Egypt has received oil cargos from Saudi Aramco worth $1.2b. Egypt received 700,000t of petrol every month for the last 4 months.
Egypt Drafted PPA for FiT Phase II
The Egyptian New and Renewable Energy Authority (NREA) along with the Egyptian Ministry of Finance completed drafting the Power Purchasing Agreement (PPA) for phase II of the energy purchase Feed-in-Tariff (FiT) program.
EGAS to Export 150mcf/d of Gas
The Egyptian Natural Gas Holding Company (EGAS) plans to export 150mcf/d of gas through Edco Liquefaction Factory owned by Royal Dutch Shell.
Egypt Got Bids for West Cairo Power Plant
Five companies, including a consortium, have submitted financial offers in a bid to implement civil engineering work for the West Cairo power plant that has a capacity of 650MW via 18 units.
Egypt Pumps Natural Gas to Dairut
the Egyptian Natural Gas Holding Company’s (EGAS) pumped natural gas for the first time to Dairut City in Assiut.
El Molla Concluded his Iraqi Visit
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the Iraqi President, Fuad Masum and the Head of the Iraqi Parliament, Salim Al Jabouri while in the country for an official visit.
Al Nowais Asked for Guarantees on Dues
Emirate energy firm Al Nowais is currently negotiating with the Egyptian Ministry of Finance over sovereign guarantees in order to build its 2640MW capacity coal-fired power plant in Ain Mose in Sinai region.
SDX Extended S. Ramadan Drilling
The Egyptian General Petroleum Corporation (EGPC) has granted SDX Energy and PICO Petroleum preliminary approval to extend the drilling period in South Ramadan Concession located in the Gulf of Suez.
