Egypt to Pay Union Fenosa $2B in Gas Dispute
Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the company’s Damietta LNG plant in 2012.
Egypt | Egypt Oil & Gas - Part 273
Eni Makes New Gas Discovery in Egypt’s Western Desert
Eni has announced a new natural gas discovery in Egypt's Western Desert.
Sisi Discusses Energy Sector Cooperation with Italian Deputy PM
Egyptian President Abdel Fattah El-Sisi and Italian Deputy Prime Minister Luigi Di Maio discussed energy sector cooperation during a meeting on August 29.
Apache to Increase Investment in Egyptian Oil Exploration to $1B
Apache has announced its plans to increase its annual investment in Egyptian oil exploration projects to $1 billion.
Cyprus to Ship Gas to Egypt in 2022
Cyprus is hoping to ship gas from its 4.5 trillion cubic feet Aphrodite offshore gas field to Egypt by 2022, Cyprus energy minister Giorgos Lakkotrypis has said.
El Molla: Petroleum Sector Attracted $10B FDI in 2017/18
Foreign direct investment (FDI) in Egypt’s oil and gas sector reached $10 billion in fiscal year (FY) 2017/18, Minister of Petroleum Tarek El Molla told Al Ahram newspaper in an interview published on August 24.
Egyptian-Jordanian Cooperation in Energy Sector Discussed
Oil minister Tarek El Molla discussed mutual cooperation with his Jordanian counterpart Hala Adel Zawati.
Electricity Generation Increases 5.6% YOY in April 2018
Egyptian electricity production increased by around 5.6% year-on-year (YOY) as the country generated 15 megawatts per hour (MWh) in April 2018, compared to 14.2 MWh in April 2017.
Butane Imports Increased by Almost 10.5% YOY in May 2018
Egypt's butane imports increased by 10.37% year-on-year (YOY) in May 2018, importing 218,100 tons compared to 197,600 tons in May 2017.
Diesel Consumption Rose 7% YOY in May 2018
Egypt's diesel consumption jumped by around 7% year-on-year (YOY) to 1.26 million tons in May 2018, up from 1.18 million tons in May 2017.
