Agreement | Egypt Oil & Gas - Part 33

OPEC Reaffirms Commitment to Production Cut

According to Saudi Energy Minister, Khalid al-Falih, oil market fundamentals were already improving after the agreement, and oil prices are up more than 10% since the output curb deal was struck in November 2016, sta ...

Egypt, Siemens Sign a $252.82m Transmission Stations Agreement

The Egyptian Electricity Ministry signed a $252.82m agreement with Siemens to build 6 power transmission stations.

Egyptian Cabinet Mulls Adjusting Natural Gas Prices

The Egyptian Cabinet headed by Eng. Sherif Ismail, is considering adjusting natural gas prices of some agreements signed with foreign oil companies operating in the Egyptian petroleum sector.

ADNOC, Vitol Signed 10-Year LPG Agreement

The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000t/y of liquefied petroleum gas (LPG), to Vitol over the next ...

OPEC: Egypt May Join OPEC’s Oil Output Cap Agreement

OPEC's General Secretary, Mohamed Barkindo, said at a press conference that Egypt may join OPEC’s oil production cap agreement.

Dana Gas to Freeze Investments

Dana Gas confirms freezing investments in Egypt over unpaid arrears of $265m.

Electricity Ministry to Announce Details about Dabaa Nuclear Project

The Egyptian Ministry of Electricity is preparing to publicly announce the details of the Dabaa nuclear power plant in cooperation with Russia.

EGPC, NBE Agreed on Gas Meters Installment

The Egyptian General Petroleum Corporation (EGPC) agreed with the National Bank of Egypt (NBE) on the installments for gas meters at the housing units all over the country to be paid during 1 to 7 years.

Egypt to Import LNG from Oman, Russia, France

The Chairman of the Egyptian Natural Gas Holding Company (EGAS), Mohamed El Masry stated that Egypt has reached an agreement to import between 43 and 45 cargoes of liquefied natural gas (LNG) from Oman, Russia, and ...

Solar Energy Companies Threaten to Withdraw from FiT

More energy companies could be withdrawing from phase one of the feed in tariff (FiT) program if the Electricity Ministry doesn’t respond to their financial and technical offers soon.

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