News / Egypt
Petroleum Minister: Current Projects in Egypt Worth $9.4bn
The petroleum sector is currently implementing projects worth $9.4 billion, in addition to projects that have been completed, Egypt's petroleum minister said on Monday.
First Austrailan LNG Shipment Arrives to Egypt
Egypt is set to receive its first liquefied natural gas (LNG) delivery from Australia on Wednesday, live ship-tracking data on Reuters Eikon showed.
Gupco’s GS277 Field Reserves Climb to 4mmbls
Gupco completed the drilling of an exploration well, GS277-A5, in order to explore along the eastern part of the GS277 field.
Update-1 El Sewedy wins Part of Siemens’ $9bn Power plant
Egyptian cable company El Sewedy Electric announced it had won a 785m euro portion of a 2 billion euro ($2.27 billion) deal to build a combined cycle power plant in Beni Suef, south of Cairo, in a consortium with Germany's Siemens.
Saudi- Egyptian Cooperation in the Electricity Sector
Saudi Arabia's water and electricity minister, Abdullah Ben Abdelrahman Al-Hussein, arrived in Cairo to meet with officials over possible cooperation between Egypt and Saudi Arabia, state news agency MENA reported.
15m Household Units to be Exempt from July’s Electricity Bills
A government committee is set to exempt millions of subscribers from an upcoming electricity price hike, following a Sunday presidential decision to ease the financial burden on poorer citizens, reported state-owned Al-Ahram.
Cyprus to Export Gas to Egypt
The Aphrodite natural gas field off Cyprus has been proven to be commercially viable and plans include producing 8bcm a year and construction of a pipeline to Egypt for exporting.
Tiba-Qena 4km Road Lit by Solar Energy
Minister of Housing Mostafa Madbouly announced the launch of the the first central solar energy plant lighting along 4km of the Tiba-Qena eastern desert road.
