News / Egypt
Abengoa to Enter Egyptian Solar Market
Abengoa’s solar business chief executive Armando Zuluaga signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority and the Egyptian Electricity Transmission Company to define the terms of cooperation for renewable energy in Egypt.
Fuel Smart Card System to Take Effect from June 15
Egypt will begin rolling out a smart card system for subsidised fuel from June 15, the head of the firm overseeing the project said, part of plans to reduce costly energy subsidies over time.
Egypt Oil Exports Increased by 30%, While Petroleum Exports Decline
The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Friday the value of Egyptian oil exports increased in February reaching EGP 1.99bn compared to EGP 1.53bn in January.
Methanex to Restart Plant in Damietta After Problems
Canada-based methanol producer Methanex has been advised to restart its idled plant in Damietta by mid-May, the company’s CEO, John Floren, said.
African Development Bank to Increase Hydropower Generation in Egypt
The African Development Bank (AfDB) plans to boost energy generation capacity at hydropower plants to 40,000 MW, with connections to Nigeria, South Africa and Egypt, according to AfDB’s report issued Tuesday.
Egypt to Tap into Cyprus Offshore Gas Fields by 2017
Marine pipeline will be established to Aphrodite field within three years
IDB-Egypt Cooperation in Infrastructure, Energy and Transportation
Minister of International Cooperation denies reports that bank demands repayments of loans owed by Egypt
Access Power Signs Renewable Energy Deal with Egypt
A Memorandum of Understanding (MoU) was signed Wednesday between the Egyptian Ministry of Electricity and Renewable Energy (MERE) and Access Power MEA, during the Middle East Solar Industry Association’s (MESIA) Renewable Energy Trade Mission in Cairo April 28-29, 2015.
