EBRD | Egypt Oil & Gas - Part 5

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, according to Investment Minister, Sahar Nasr, reports Amwal Al Ghad. The agree...

EBRD to Fund 9 Solar Plants

The executive board of the European Bank for Reconstruction and Development (EBRD) approved providing a $205m fund for 9 solar plants in Egypt, reported Al Borsa. EBRD was studying the funding requests of 16 projects ...

EBRD Finances Egypt’s Carbon Holdings Company

The European Bank for Reconstruction and Development ( EBRD)  is providing local petrochemicals producer, Carbon Holdings, with a $11m loan. The funds will be used to improve standards beyond the current industry leve...

EBRD to Finance Five FiT Projects in The Second Phase

Managing Director for the Southern and Eastern Mediterranean region at the European Bank for Reconstruction and Development (EBRD), Janet Heckman, said that the bank is mulling a decision to finance five projects in t...

EBRD to Finance Egypt’s Green Economy

The European Bank for Reconstruction and Development (EBRD) along with the European Union (EU) and the French Development Agency  (AFD) will offer $140m loans for Egypt to increase energy efficiency projects, reported...

EBRD to Invest in Renewable Energy

European Bank for Reconstruction and Development’s (EBRD) Director in Egypt, Philip ter Woort, stated that EBRD decided to finance Egypt’s renewable energy sector by around $544m, reported Daily News Egypt...

EBRD Offered to Fund SUMED Project

European Bank for Reconstruction and Development (EBRD) has offered to fund the Arab Petroleum Pipelines Co. (SUMED) with $100m, based on a ten-year time-frame, to build a pier and petroleum products trading center in...

Egypt Drafting New Cooperation Strategy with EBRD

Egypt’s International Cooperation Minister, Sahar Nasr, received European Bank for Reconstruction and Development’s (EBRD) Director for Egypt, Philip ter Woort, to discuss preparations of a new cooperation...

EBRD Supports Gas Flaring Reduction in Egypt

The European Bank for Reconstruction and Development (EBRD) aims to combat energy waste in Egypt, with a workshop addressing problems that are linked to gas flaring in the country’s petroleum industry, EBRD informed E...

Abu Bakr: EBRD to Finance GANOPE’s Projects

EGPC,  EGAS, and GANOPE signed a letter of intent with the European Bank for Reconstruction and Development (EBRD) to finance a number of energy projects that the state is in need of, reported Egypt Oil & Gas. Hea...

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