EBRD | Egypt Oil & Gas - Part 4

Egypt, EBRD Discuss Petroleum Cooperation

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 coop...

El Molla Signs Agreement with EBRD

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), Al Ahram...

EBRD to Issue $200 M Loan to SOPC

The European Bank for Reconstruction and Development (EBRD) is provisioning a loan of approximately $200 million to be issued to the Suez Oil Processing Company (SOPC). The loan is designated to finance a number of en...

EBRD to Support Petroleum Sector Restructuring

The European Bank for Reconstruction and Development (EBRD) has received a request from the Egyptian Ministry of Petroleum and Mineral Resource to provide technical assistance, supporting the new structure of the oil ...

Egyptian Cabinet Approves EBRD $200 M Loan

The Egyptian Cabinet has approved the $200 million loan agreement with the European Bank for Reconstruction and Development (EBRD), which is set to finance the modernization of a number of selected gas infrastructure ...

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 Oil & Gas reports. T...

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, Egypt ...

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, Egypt Oil & Gas reports. Higher tourism numbers and healthier oil exports ...

Solar Sector Attracts $1.8B in Investments

Egypt’s solar energy sector has garnered $1.8 billion in investments, Amwal Al Ghad reports. Two of the biggest investors are the World Bank’s International Financial Corporation (IFC) and the European Bank of Reconst...

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 Oil & Gas reports. The Islamic Corporation for Development (ICD) will provide a ...

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