Egypt | Egypt Oil & Gas - Part 208

Benban Solar Park Attracts over $2 B Investments

Benban solar park, which is set to be the biggest in the world, attracted over $2 billion investments.

EGAS Forecasts 12.3% Increase in Gas Consumption

EGAS expects the country's natural gas consumption to grow by 12.3%, reaching 7.3 bcf/d in FY 2019/20.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Qalaa Holdings’ Revenues to Exceed EGP 90 B in 2020

The company will gain between EGP 50-55 billion from the Egyptian Refining Company (ERC), which is set to start operating in Q3 2019.

Egypt Increases Pumped Fuel by 7% during Ramadan

Butane will be increased the most as the county is adding 100,000 butane cylinders per day to the amounts pumped into the market, boosting the total to 1.25 million cylinders per day.

Egyptian Oil, Gas Companies to Participate in Lebanese Bid Rounds

Egyptian oil and gas companies that work in infrastructure are ready to participate in bid rounds in the oil and gas sector in Lebanon.

Egypt to Support Lebanon Overcome Energy Challenges

Egypt is ready to support Lebanon to overcome its challenges in many sectors, including the energy sector, according to Prime Minister Mostafa Mabdoly.

Petroleum Arrows to Recycle 55,000 tons of Used Oil

Petroleum Arrows company plans to expand its oil recycling activities as the company plans to collect around 55,000 tons of used oil at the beginning of 2020.

Electricity Output Increases by 13.53%

Egypt’s electricity production increased by 13.53%, recording 15.1 MWh in January 2019, compared to 13.3 MWh in January 2018.

Petroleum Ministry Increases Petroleum Products in the Market

The Egyptian Ministry of Petroleum is preparing for Ramadan through increasing the petroleum products amounts pumped into the local market by 15% to 20%, while placing extensive monitoring on distribution from ref ...

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