EBRD to Issue $200 M Loan to SOPC
The loan is designated to finance a number of energy efficiency investments, as well as installations and refurbishments at the Suez refinery.
Egypt | Egypt Oil & Gas - Part 288
ITFC Opens LOC for Egypt
The International Islamic Financial Corporation (ITFC) opens a line of credit (LOC) worth $400 million for Egypt to purchase petroleum products.
El Sisi Urges Connecting 1.4 M Households to National Gas Grid
Egyptian President, Abdel Fattah El Sisi, urges to connect 1.4 million households to the national gas grid in 2018.
Electricity Ministry to Develop Loan Risk Strategy
The Egyptian Ministry of Electricity and Renewable Energy plans to develop a strategy that will minimize borrowing risks for loans, aimed at increasing investments in energy efficiency.
EGYPS 2018 Highlights Industry Achievements
EGYPS 2018 Highlights Industry Achievements, bringing together global key players in North Africa’s largest Oil and Gas Exhibition and Conference.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.
Egypt, Kuwait Talk Energy Opportunities
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with CEO of Kuwait Petroleum Corporation (KPC)to discuss joint cooperation and investment opportunities.
El Sisi Inaugurates Zohr Natural Gas Field
President Abdel Fattah El Sisi inaugurated Zohr giant natural gas field in the attendance of Prime Minister Sherif Ismail and Minister of Petroleum and Mineral Resources, Tarek El Molla.
Electricity Production, Consumption Decrease
Egypt’s electricity generation fell by 7.6% to 15.8 kWh in October 2017, from the 17.1 kWh produced in September 2017.
Diesel Output Fell by 7.8% Y.o.Y
Egypt’s diesel production decreased by around 7.8% year-on-year (Y.o.Y) to 544,000 tons in November 2017, compared to 590,000 tons in November 2016.
