The Egyptian New and Renewable Energy Authority (NREA) prepared a tender to construct a new solar power plant in Hurghada with a capacity of 20 MW. The Japan International Cooperation Agency’s (JICA) offered to fund the project.
Egypt's Minister of Electricity, Mohamed Shaker, will meet with renewable energy investors to discuss their demands regarding the feed-in tariff projects.
The Egyptian Minister of Petroleum, Tarek El Molla discussed Egypt's dues to international oil companies (IOCs), foreign investments in the country's energy industry, and regional partnerships in the petroleum sector in an interview with Daily News Egypt.
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.
An official of the Egyptian Ministry of Petroleum said that the ministry has detected 10% increase in local usage of fossil fuel across all the governorates.
'The International Monetary Fund (IMF) is a trap meant to drown Egypt in foreign loans and if Egypt accepts it, the country may soon declare bankruptcy,' said Ibrahim Zahran, a petroleum expert, in an exclusive interview with Egypt Oil&Gas.