News / Egypt
Russia Furthers Egypt’s Nuclear Power and Suez Industrial Plans
Minister of Electricity Mohammed Shaker explained that nuclear power was a key facet in the government’s strategy to tackle the current energy crisis.
Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal
The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward for the country’s plans to supply Egypt with natural gas.
Egypt’s Gas Production declines to 4.15 bcf/d
According to EGAS's annual report the daily production rate of natural gas declined to 4.15 bcf, in comparison to 4.25 bcf last month, Daily News Egypt reported.
Egypt’s Dollar Shortage May Undermine Renewable Energy Projects
Egyptian solar-power developers are increasingly concerned by the state’s declining foreign currency reserves.
Egypt, Russia Finalize Nuclear Plant Deal
The Egyptian and Russian governments signed a final agreement to build a nuclear plant in Dabaa, Egypt on November 19th.
ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry
An official source at the Ministry of Petroleum said that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015.
Tarek El-Molla to Attend Bahrain’s APICORP Energy Forum
His Excellency Tarek El-Molla, Minister of Petroleum and Mineral Resources, will attended the Arab Petroleum Investments Corporation’s (APICORP) Energy Forum held today in Bahrain.
Scatec Solar Invests $600m, Sees Egypt as MENA Solar Hub
Scatec Solar, a leading solar energy provider, is planning to invest $600m on solar projects over two years in Egypt.
