Parliament Approves Laws to Regulate Nuclear Activity
Parliament approved three laws governing nuclear regulation and usage.
Egypt | Egypt Oil & Gas - Part 302
Consumption of Petroleum Products Rises
Consumption of petroleum products rose 5.24% in September to 3.256 million tons.
Natural Gas Production, Consumption Slip
Production of natural gas slipped approximately 4.37% in September compared to the previous month.
Al Nowais Negotiating Details for Proposed Coal Plant
Al Nowais Investment Company has proposed selling electricity from its planned coal-fired power plant at Ayoun Moussa at a price of $0.058 (or roughly EGP 1.02) per kilowatt hour (kWh).
Elsewedy Electric to Build 2 Wind Farms
Elsewedy Electric Company and Marubeni Corporation are looking to build two wind farms in Egypt
Egyptian Parliament to Vote on Nuclear Legislation
Parliament will vote today on three laws to regulate nuclear activity.
EGPC Official: Two-Month Diesel Consumption at 2.5M Tons
Overall consumption of diesel edged up in September and October to 2.5 million tons.
Misr Insurance to Insure Loans for Low-Income Gas Consumers
Misr Insurance Company agreed to insure EGP 50 million in interest-free loans offered by Nasser Social Bank to poor families to assist them in purchasing natural gas.
GPC to Raise EGP 3.2B
Al Ahli Bank of Kuwait (AKB) will partially finance an EGP 3.2 billion loan package to the General Petroleum Company (GPC) to support exploration and drilling operations.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
