News / Egypt
Industrial Sector Hit By Sudden Gas Shortfall
Decision comes to save fuel for electricity; 3.2 cubic feet of gas pumped daily into power stations
Siemens-Built Electricity Projects to Go Public on EGX
The Egyptian government plans to list three companies with electricity projects that have a total capacity of 13,000 Megawatts,
Mashreq Petroleum to Establish Pipeline to Transport Oil from Port Said to the Mostorod Refinery
Mashreq Petroleum plans to construct a pipeline to transport crude oil from Port Said to Mostorod refining plant.
Bapetco Investing in New Wells to the Tune of $380 million
Emad Hamdi, Chairman Badr al-Din Petroleum Company (Bapetco), said his company will invest $ 380m during 2015-2016 to add new wells.
$45bn to be Pumped into Egypt’s Renewable Sector
Investment Minister Ashraf Salman said it is expected that investments worth $45bn will be pumped into Egypt's new and renewable energy sector over the next 10 years, state agency MENA reported on Monday.
El-Hamra Oil to Inject $70m Investment Over the Next Fiscal Year
Chairman El-Hamra Oil Osama Nassif announced that his company is planning to inject investments worth $ 70 million over the next fiscal year 2015-2016,
Egypt to Extend Mediterranean Gas Exploration Tender
Egypt has extended its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, the state gas board said on Tuesday, as the country seeks to boost domestic energy production.
Sousa: Petroleum Sector Preparing for New Investments Worth $10bn
The First Undersecretary for Gas Affairs at Egypt’s Petroleum Ministry, Sherif Sousa, said Egypt plans to propose projects amounting to $10bn, along with other investments at $9bn. The plan also includes petrochemical projects with investments worth $6.2bn.
