EBRD | Egypt Oil & Gas - Part 3
El Sewedy Electric Begins Commercial Operations in PV Power Plants
El Sewedy Electric announced the commercial operations for its two photovoltaic (PV) power plants developed as a part of the second phase of the renewable energies feed-in-tariff program launched by the Egyptian gover...
EU Provides EUR 20 MM for Egypt’s Energy Projects
The European Union (EU) has dedicated EUR 20 million to participate in the financing of energy projects in Egypt, according to Ivan Surkos, EU Ambassador to Egypt, Al-Mal reported. The EU will also provide a grant tha...
Benban Solar Park to Provide 1.8 GW Electricity: EBRD
Benban Solar Park will cover around 37 km2 of desert with solar panels in 2019, providing around 1.8 Gigawatt (GW) of electricity, the European Band for Reconstruction and Development (EBRD) announced. The park is set...
El Sisi Approves $200 M Loan for SOPC
Egyptian President Abdel Fattah El Sisi issued presidential decree no. 323 for 2018, approving the $200 million loan agreement signed to finance the energy efficiency program at the Suez Oil Processing Company (SOPC),...
El Sisi Approves EBRD $200 M Loan to EGAS
President Abdel Fattah El Sisi issued a republican decree of law no. 37 for 2018, regarding an approval for a loan agreement for the Egyptian Natural Gas Holding Company (EGAS)’ energy efficiency projects, Ahram...
Egypt, EBRD Discuss Petroleum Fund Cooperation Projects
Minister of Petroleum, Tarek El Molla, met with First Vice President and Head of Client Services Group at the European Bank for Reconstruction and Development (EBRD), Jürgen Rigterink, to discuss cooperation opportuni...
EBRD Launches Women in Green Energy Conference in Egypt
The European Bank for Reconstruction and Development (EBRD) is launching ‘Women in Green Energy: enhancing employment and entrepreneurship opportunities’ event on March 4, in Cairo. EBRD announced the event, which com...
Suez Oil Processing Company to Receive $200M Loan
Egypt signed a $200 million loan from the European Bank for Reconstruction and Development (EBRD) to state-owned Suez Oil Processing Company (SOPC) on June 21, Amwal El Ghad reported. The loan will be allocated to an ...
