Egypt to Increase Natural Gas Production by 11.8%
The North African country currently produces around 6.8 billion cubic feet per day (bcf/d) of natural gas, and targets to reach 7.6 bcf/d by the end of 2019 and 8 bcf/d by H1 2020.
Egypt | Egypt Oil & Gas - Part 210
Egypt to Link New Administrative Capital to Natural Gas Grid
The EGP 31.5 million agreement comes as a part of the country's preparation to transfer ministries and governmental entities to the New Administrative Capital by mid-2020.
Qarun Petroleum Company Increases Oil Output
Qarun plans to boost its output to over 45,000 b/d by the end of 2020 as it explores, develops, and operates new concessions in the Western and Eastern Deserts.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
EETC, IFC to Establish 600 MW Solar Plant
EETC signed an agreement with the IFC for establishing a 600 MegaWatt (MW) solar power plant west of the Nile.
Natural Decline of Burullus, Rasheed Fields to Reach 10 mmscf
Despite the high natural decline rate, 9B phase will make up for the decline as it gets connected to Burullus field before the end of fiscal year (FY) 2018/19.
ICT Becomes Integral to the Petroleum Industry
Information and communications technology (ICT) should be leveraged as an integral part of any industrial progress.
Methanex Egypt Sells 500,000 Tons of Methanol
Methanex Egypt sold 500,000 tons of methanol to the Egyptian market since it has started operating in the country.
50% of Benban Solar Park to be Complete in June
The companies have already commercially started operating some plants and are done with 40% the power plant’s projects.
Intro Group Appoints New Managing Director
Intro Group, the mother company of the National Petroleum Company (NPC) ADES Investments, has announced Mohamed Elakhdar to be the new Managing Director.
