Egypt | Egypt Oil & Gas - Part 221

Egypt produces 8,000 MW from Renewable Sources

Egypt is committed to producing around 20% of its electricity from renewables by 2022.

ERC Supplies 100,000 Tons of Petroleum Products

The Egyptian Refining Company (ERC) has supplied 100,000 tons of low-sulfur petroleum products from its operational trials.

United Energy Acquires Kuwait Energy

The $650-million transaction was originally signed last September and completed in late March 2019.

Egypt Offers 4 LNG Cargoes for May

The four shipments are offered through two separate tenders that will close on April 9.

Shell Egypt Appoints Khaled Kacem as New Country Chairman

Royal Dutch Shell has appointed Khaled Kacem as the new Chairman and Managing Director in Egypt, replacing Gasser Hanter.

Monday Minutes: Economic Snapshot

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

SDX Expects Delay in South Disouq Project

SDX Energy Corporation announced that the start-up date for South Disouq gas production might be delayed until Q4 2019.

Reforms of Fuel Subsidies to be Completed in FY 2018/19: IMF

The Egyptian government is keen to attain full cost recovery for all fuel products, except for liquefied petroleum gas (LPG) and fuel used in power plants and in bakeries by the end of FY 2018/19.

Egypt Imports 60% of Butane Consumption

Egyptian butane imports during the first three months in 2019 were close to 60% of the country's butane cylinders.

Egypt to Double LNG Exports by End of 2019: El Molla

Egypt plans to double its exports of liquefied natural gas (LNG) by the end of 2019 to reach 2 bcf/d.

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