EBRD | Egypt Oil & Gas - Part 4

Egypt Signs $200M Agreement with EBRD

The Minister of Investments and International Cooperation, Sahar Nasr, signed an investment agreement worth $200 million with the European Bank for Reconstruction and Development (EBRD).

Egypt’s Gas Flaring Can Cover 5% Electricity Production

Egypt's gas flaring is enough to cover 5% of domestic electricity production, Director and Head of Natural Resources at the European Bank for Reconstruction and Development (EBRD), Eric Rasmussen, stated.

EBRD Predicts 4.5% GDP Growth

The European Bank for Reconstruction and Development (EBRD) predicts that Egypt’s economy will grow at 4.5% in fiscal year (FY) 2017/2018.

Solar Sector Attracts $1.8B in Investments

Egypt’s solar energy sector has garnered $1.8 billion in investments.

EBRD, ICD to Provide $57 million for Solar Project

The European Bank of Reconstruction and Development (EBRD) will provide $28.5 million in financing for a solar plant in Aswan.

Egypt, EBRD to Ink $60M Renewable Energy Deal

The Egyptian government is set to sign a $60-million agreement with the European Bank for Reconstruction and Development (EBRD) next week.

EBRD to Fund 9 Solar Plants

The European Bank for Reconstruction and Development (EBRD) will provide a $205m fund for 9 solar plants in Egypt.

EBRD Finances Egypt’s Carbon Holdings Company

EBRD is providing local petrochemicals producer Carbon Holdings with a $11m loan.

EBRD to Finance Five FiT Projects in The Second Phase

EBRD is currently studying to finance five projects in the second phase of the Feed in Tariff (FiT) projects starting from the second half of 2017.

EBRD to Finance Egypt’s Green Economy

The European Bank for Reconstruction and Development (EBRD) along with the European Union (EU) and the French Agency will offer loans for Egypt to increase energy efficiency projects.

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