Egypt, Cyprus to Sign Gas Pipeline Agreement
Egypt and Cyprus will soon sign an agreement to establish an undersea natural gas pipeline between Cyprus’s exclusive economic zone to an Egyptian liquefied natural gas plant.
Egypt | Egypt Oil & Gas - Part 268
Egypt, Sudan Discuss Establishing Electricity Linkage
Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker has met with his Sudanese counterpart Moataz Mousa in Khartoum to discuss establishing a 220,000-voltage-capacity electricity linkage.
El Molla Reviews Infrastructure Development Projects
Developing the infrastructure and oil ports are two of the Ministry of Petroleum's main priorities in the framework of the government's work program, Egyptian Minister of Petroleum and Mineral Resources Tarek El M ...
Egypt Plans Energy Subsidies Reduction
The Egyptian government plans to reduce subsidies of petroleum products by 26% and electricity subsidies by 47% in the annual budget for the 2018/2019 fiscal year (FY).
Hisham El Hallaj Appointed Head of UGDC
The Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has appointed Hisham Fathy Abdel Samad El Hallaj as the new head of the United Gas Derivatives Company (UGDC).
Egypt Crude Production Reaches 660,000 b/d
Egypt is currently producing around 660,000 barrels per day (b/d) of crude oil.
Egypt Completes 24 Hydrocarbon Projects Since 2014
The Egyptian oil and gas sector completed 24 projects over the past four years, investing $16.2 billion in the process, Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has stated.
Electricity Loads to Decrease 0.8% Overnight
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country’s national grid.
ASORC, NBE Reach Agreement Over $10 M China Loan
The Assiut Oil Refining Company (ASORC) signed an agreement with the National Bank of Egypt (NBE) on April 4th regarding a $100 million loan from China Development Bank.
Edison to Sell E&P Division
Italy’s Edison Company plans to sell its $2 billion exploration and production (E&P) division to focus on its retail operations.
