Electricity Debts to Petroleum Sector Reach EGP 150 B
Electricity ministry's debts to the Egyptian General Petroleum Corporation (EGPC) reached EGP 150 billion at the end of November 2018.
Electricity ministry's debts to the Egyptian General Petroleum Corporation (EGPC) reached EGP 150 billion at the end of November 2018.
Saipem is in talks with Belayim Petroleum Company (Petrobel) over a $1.2 billion worth offshore contract addendum for an Engineering, Procurement, Construction and Installation (EPCI) project for Zohr field's ramp ...
The Egyptian Natural Gas Holding Company (EGAS) plans to add 1.5 billion cubic feet per day (bcf/d) to national gas grid in 2019, through executing development projects in Zohr, North Alexandria, and Burullus 9B p ...
Egypt produced around 45,000 megawatt of electricity per day (MW/d) during December 2018.
Egypt has been working on linking households to natural gas grid in 2018 at an unprecedented rate, boosting the total households linked to the grid to 9.3 million residential units.
Siemens has completed two substations in Egypt with an aim to improve the national electricity grid’s resilience.
Edison announced its commitment to Egypt and its East Mediterranean concessions as it will pursue and fulfill its exploration campaign in 2019.
Egypt's trade deficit decreased by 10.1% year-on-year (YOY) in September 2018 to reach $3 billion, compared to $3.35 billion in September 2017.
Libya Oil will invest EGP 500 million into Egypt over the next five years under its new commercial name, OLA Energy,
Dana Gas has announced receiving arrears equivalent to $20 million in Egyptian pounds from the Egyptian government.