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 sector projects in Egypt.
The European Union (EU) has dedicated EUR 20 million to participate in the financing of energy sector projects in Egypt.
Benban Solar Park will cover around 37 km2 of desert with solar panels in 2019, providing around 1.8 Gigawatt (GW) of electricity.
The loan agreement was signed by Egypt and EBRD on May 22, 2018.
The loan agreement was signed on December 27, 2017 by Egypt and EBRD to grant EGAS a $200 million loan.
The projects included a new diesel treatment unit at the Alexandria Petroleum Company and another project for gas utilization in petroleum fields.
EBRD announced the event, which comes in cooperation with GCF, to boost gender equality in the Egyptian renewable energy sector.
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.
Egyptian Minister of Investments and International Cooperation, Sahar Nasr, has signed a $200 million agreement with Eric Rasmussen, director of natural resources at the European Bank for Reconstruction and Develo ...
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Eric Rasmussen, director of natural resources at the European Bank for Reconstruction and Development (EBRD), in order to discuss ...
Egyptian Minister of Petroleum, Tarek El Molla, signed a cooperation agreement on May 22 with the Egyptian Minister of Investments, Sahar Nasr, and the European Bank for Reconstruction and Development (EBRD).