News / Egypt
“Egyptians Against Coal” Aims to Eliminate Coal Usage in Egypt by 2017
An Egyptian environmental coalition named “Egyptians Against Coal” (EAC) released a statement today calling for the end of coal usage in Egypt by 2017. The grassroots movement objects to coal being used for industrial use and electricity generation due to its “hazardous environmental threats,” according to the statement.
El Molla: Fuel Subsidy Cuts Reducing Budget Deficit
Egyptian Petroleum Minister, Tarek El Molla, said that cuts in fuel subsidies are quickly reducing Egypt’s budget deficit. The Financial Times reports that spending on fuel subsidies will be reduced from $9b in fiscal year 2014/2015 to $7.7b this cycle.
Suez Cement: Steady Gas Supply Increased Production
Major Egyptian cement producer Suez Cement announced last week that the Egyptian cement industry, benefiting from increased energy availability, increased production by 29 percent compared to last year and by 23 percent through the first nine months of 2015.
Egyptian Gas Production Increases to 4.3 bcm/d
The Egyptian Natural Gas Holding Company (EGAS) reports that Egyptian natural gas production has increased to 4.3 bcm/d , up 50 mscfd from the previous month.
Oil spill in Al-Sinbellawin
The Egyptian Environmental Affairs Agency (EEAA) released a statement late Monday announcing the discovery of an oil spill in the Al-Bouhiya Canal near Al Sinbellawin, in the delta governorate of Dakahlia.
Tarek El Molla Speakes at Adipec
Tarek El Molla, Minister of Petroleum and Mineral Resources, is attending the Abu Dhabi International Petroleum Exhibition and Conference (Adipec), according to a press release by the ministry.
Suffering Factories to Receive 700 mscf of Gas This Month
Sources at EGAS told Egypt Oil & Gas that a decision was taken to pump 700 mscf of liquefied natural gas (LNG) to factories suffering from gas shortages.
Egypt Redefines Mediterranean Borders
Ahmed Abdel Halim, petroleum expert in maritime borders, told Egypt Oil & Gas that the ministry of defense had sent a map to the petroleum ministry illustrating all concessions owned by Egypt in the Mediterranean deep-waters, and identifying the marine borders between Egypt and Israel and Cyprus, Turkey and Greece, clearly marking each country's economic zone.
