News / Egypt

Egypt Launches Solar Power Tender

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.

Electricity Minister to Address Investors Concerns on FiT Projects

Egypt's Minister of Electricity, Mohamed Shaker, will meet with renewable energy investors to discuss their demands regarding the feed-in tariff projects.

El Molla: IOCs Invested $8.5b in Egypt

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.

BP Eyes Gas Production Rise in Atoll Field

BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018.

Egypt Decreased Kuwaiti Crude Imports

The Egyptian Ministry of Petroleum announced that the crude oil import from Kuwait has decreased from 3mb/month to 2mb/month.

Egypt to Rerun ADCO, Damietta Gas Liquefaction Factories

The Egyptian Ministry of Petroleum and Mineral Resources is to rerun ADCO and Damietta gas liquefaction factories by 2020/ 2021.

EGAS Issued LNG Cargoes Tender

The Egyptian Natural Gas Holding Company (EGAS) announced a tender for eight liquefied gas shipments.

Eni to Drill Sixth Well in Egypt’s Zohr Field

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.

Egypt Saw 10% Rise in Fossil Fuel Usage

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.

Oil Expert: IMF Loan is a Trap

'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.

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