News / Egypt
Egypt Gas Sector Attracting Sharjah’s Crescent Group
Sharjah-based conglomerate exploring hydrocarbon opportunities but reveals little on how it expects to proceed
Sherif Ismail: Upgrading the Natural Gas National Grid A Major Priority
Sherif Ismail, Minister of Petroleum and Mineral Resources, asserted the attention paid by the petroleum sector to the execution of new projects for the development of the Natural Gas National Grid, the main artery that feeds the needs of the entire Republic.
DNV GL Hosts Briefing for Egyptian Renewable Energy Program
DNV GL hosted today a briefing on behalf of the Egyptian New and Renewable Energy Authority (NREA) and the Egyptian Electric Utility and Consumer Protection Regulatory Agency for all pre-qualified bidders and successful renewable project developers, on the latest Egyptian Renewable Energy FIT Program in Cairo.
EGPC Put In Charge of Future LNG Imports
El-Mulla assured that no Ministry of Finance budget will be allocated to import gas.
$1.5Bn Egypt-Sudan Deal Includes Energy-Related Industries
Two MoUs expected shortly between Union and the Sudanese Free Zones & Markets
Oil Subsidies Fall to EGP 44.7 Bn in First Half of Fiscal Year
According to a statement by the Ministry of Finance Egypt’s fuel subsidy bill for the first half of the 2014/2015 fiscal year fell to 44.7 billion EGP ($5.85 billion) in comparison to 64.5 bn from the previous year, reported Reuters.
Petroleum Ministry: Contract Signed to Establish New Gasoline Producing Complex in Assiut
Sherif Ismail, Minister of Petroleum and Mineral Resources, witnessed the signing of a contract for the establishment of a new complex for the production of high octane gasoline (CCR) for the Assiut Petroleum Refining Co. (ASORC).
Suez Bunker Price Hit with New Fuel Deliveries
Bunker fuel oil prices at the Egyptian port of Suez collapsed Thursday, following the delivery of a fresh cargo of 380 CST fuel, sources said.
