Egypt | Egypt Oil & Gas - Part 299

Egypt, Russia to Sign Nuclear Plant Agreement this Week

Egypt and Russia will sign an $30 billion agreement to establish a nuclear power plant at El Dabaa this week.

Egypt Signs $400M Wind Farm Agreement

The Egyptian Ministry of Electricity and Renewable Energy signed a $400 million agreement with a private sector company to establish a wind farm.

EGPC Signs 3 E&P Agreements with a Combined Value of $50M

The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million.

Trials Begin at Zohr’s Onshore Treatment Plant

Two burners at the onshore natural gas treatment plant at the Zohr natural gas field conducted trial operations.

Diesel Consumption Falls 18% Y.o.Y. in September

Consumption of diesel dropped to 1.082 million tons in September, an 18% year-on-year (Y.o.Y) decrease from the 1.3225 million tons consumed in September 2016.

Noble Energy Considers Investing in Egypt’s Oil & Gas Industry

Noble Energy expressed interest in investing in Egypt’s oil and gas sector and the possibility of linking the natural gas fields off Cyprus to Egypt's natural gas infrastructure.

Egypt’s Gas Flaring Can Cover 5% Electricity Production

Egypt's gas flaring is enough to cover 5% of domestic electricity production, Director and Head of Natural Resources at the European Bank for Reconstruction and Development (EBRD), Eric Rasmussen, stated.

Total to Add 9 Gas Stations in 2018

Total Egypt plans to establish 9 new gas stations in 2018. The stations are planned to be launched in Alexandria, Delta region, and Cairo.

Egypt to tender 500 MW solar plants in 2018

Ministry of Electricity and Renewable Energy plans to launch tenders for the establishment of 500 MW solar power plants during the first quarter of 2018.

Egypt Ranks 11th Globally in Gas Flaring

Egypt is the 11th country in gas flaring worldwide, Program Manager-Global Gas Flaring Reduction Partnership at the World Bank, Bjorn Hamso, stated, adding that Egypt jumped from the 9th to the 11th place.

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