News / Egypt
Korean KEPCO Eyes New Nuclear Power Plants Deals in MENA
Korea Electric Power Corp. (KEPCO) wants to gain more contracts to build nuclear power plants in the Middle East to facilitate its goal of becoming one of the world's top nuclear power operators.
Israeli Gas Export Deals to Face Further Difficulties
The Israeli Supreme Court's ruling on the development of the Leviathan gas field will further complicate intended Israeli gas export deals with Egypt, Jordan, Turkey and other states.
Egypt to Build 2,000MW Water-Pumping Power Station
The Egyptian Ministry of Electricity and Renewable Energy is considering establishing a water-pumping and storage station to produce 2,000MW of electricity in Upper Egypt.
Egypt Unveils Economic Plan to Secure Foreign Funds
Egypt unveiled a long-awaited economic program in a bid to secure foreign aid and investment crucial to reviving its economy. The plan calls for the adoption of a value-added tax and the sale of stakes in government companies.
Environment Minister to Ratify Amended Environmental Law
Egypt's Minister of Environment, Khaled Fahmy, said he will cooperate with the parliament in ratifying the amended environmental law, following the recent cabinet reshuffle. A number of different strategies will be employed to review the energy issue in Egypt.
Egypt’s EGAS Completes Tender for 2 LNG Cargoes in April
Egypt has purchased two liquefied natural gas (LNG) cargoes for April delivery from two international companies, EGAS Chairman, Khaled Abdel Badie, said without specifying which two companies won the tender.
ASORC Signs Two Development Contracts with Foreign Firms
Assiut Oil Refining Company (ASORC) signed a new development contract with Australian company WorleyParsons and another with French company Axens.
Petroneel Increases Its Fuel Stations to 60
State-run El-Neel Oil Marketing Company (Petroneel) informed that it has increased the number of its car service and fuel stations to 60 in Upper Egypt and Red Sea governorates, according to company's Chairman, Amr El-Kaaky.
