News / Egypt
Petroleum Ministry Working on Increasing Butane Gas Supply
The Petroleum Ministry is working on an integrated program to secure fuel supplies to the local market and improve services offered to citizens.
Steam Turbines to Power West Damietta and Assiut Power Plants
GE is providing its advanced D200 steam turbines to upgrade the West Damietta and Assiut Power Plants to generate an additional 750 MW through combined-cycle operation. This will take the total capacity of the two plants from 1.5 GW to 2.25 GW, further contributing to helping meet the increasing demand for power in the country.
Egypt Raised Electricity Prices on High Usage Households
Egypt raised electricity prices on Thursday for mid-to-high household usage by an average of 19 percent for the 2015-2016 fiscal year, the electricity ministry said.
Petroleum Sector Imports Projected at $16m for Current Fiscal Year
Egypt expects to import 28.6 million tons of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16, the planning ministry said.
Contractor Awarded $500m by BP and DEA for North Alexandria
Subsea 7 S.A. today announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt.
EGAS to Provide More Gas for Power Generation
Various areas have witnessed power outages over the last few days, despite the 1,200 MW surplus in electricity production, and the pumping of approximately 133m cubic metres of gas and oil equivalent daily by the Egyptian Natural Gas Holding Company (EGAS) for the upcoming period due to the rise in temperature.
GUPCO Restores its Infrastructure to Reboot 59 Closed Wells
GUPCO developed an emergency plan to repair and re-run many of the stations that have been stalled for a long time, reported Egypt Oil & Gas. The Plan comes in line with the company’s traditional commitment to invest in its infrastructure holdings.
EGAS Issues Regulations Governing Private Sector Importation of LNG
EGAS issued its directives governing the private sector importation of liquefied gas, which include providing data on the importer (the applicant), the source of imported gas, potential gas consumers and technical specifications about the type of gas.
