EBRD Predicts 4.5% GDP Growth
The European Bank for Reconstruction and Development (EBRD) predicts that Egypt’s economy will grow at 4.5% in fiscal year (FY) 2017/2018.
Egypt | Egypt Oil & Gas - Part 311
Liquid Bulk Terminal to Receive $500M in Financing
Sonker Bunkering Company and DP World finalized $500 million in financing for a liquid bulk terminal at Ain Sokhna.
Giza, Fayoum fields to Begin Production in 2018
The government plans to bring the Giza and Fayoum natural gas fields online by the end of 2018.
Alexandria Petroleum, APRC Produce 170,000 tons of Butane Annually
Alexandria Petroleum Company and Amreya Petroleum Refining Company (APRC) provide the market with 170,000 tons of butane annually.
Egypt Gas Installing Gas Meters in Kafr El Zayat
Egypt Gas Company has begun the installation of natural gas meters in households in Kafr El Zayat.
Egypt Consumes 4.5M Tons of Natural Gas Per Month
Egypt’s consumption of natural gas has risen to approximately 4.5 million tons per month.
Egypt, Saudi Interconnection Project on Track
Domestic political events in Saudi Arabia will not impact the Egypt-Saudi Arabia Interconnection Project.
TransGlobe to Plug Boraq 5
TransGlobe Energy Corporation announced that it failed to find hydrocarbons in two testing zones in Boraq 5.
New Acting Head of Egypt Gas Appointed
Hossam Ibrihim Abdel Salam El Samra was appointed as the new Acting Head of Egypt Gas Company
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
