Egypt | Egypt Oil & Gas - Part 311

Egypt | Egypt Oil & Gas - Part 311

ASORC to Refine 4 M Tons of Crude in 2018/2019

ASORC plans to refine 4 million tons of crude oil during FY 2018/2019, in order to produce around 36,000 tons of butane, 520,000 tons of naphtha, over 1 million tons of diesel, 2.3 million tons of mazut, and 25,00 ...

ANRPC to Refine 5 M Tons of Crude Oil in 2018/2019

ANRPC plans to refine 5 million tons of crude oil in FY 2018/2019 in order to produce around 99,000 tons of butane, 1.3 million tons of naphtha, 1.2 million tons of diesel, 1.4 million tons of mazut, 400,000 tons ...

Electricity Receives EGP 3 B from Subsidies Allocations

The Egyptian Ministry of Electricity and Renewable Energy received EGP 3 billion late December as a part of the amounts allocated for electricity subsidies.

ACWA Power Reaches Financial Closure of 3 Solar Plants in Answan

Saudi Arabia’s ACWA Power Company reached the financial closure for the development, construction, and operation of solar power projects at the Benban complex in Upper Egypt's Aswan.

Egypt’s Growth to Reach 4.5% in 2017/2018

Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.

TransGlobe Energy Allocates $29.1 M for Egypt in 2018 Budget

TransGlobe Energy Corporation has announced its 2018 capital budget allocating $29.1 million for operations in Egypt and $12.2 million in Canada.

Total Egypt to Construct 220 Solar Power Plants

Total Egypt has assigned Complete Energy Solutions (CES) to prepare a feasibility study for the establishment of 220 solar power plants with capacities varying between 60 kilowatts and 200 kilowatts per plant.

DEA to Increase Investments in Disouq, Gulf of Suez

DEA Deutsche Erdoel AG has plans to inject more investments in Disouq and the Gulf of Suez, DEA’s CEO, Maria Moraeus Hanssen, stated.

Egypt to Generate Electricity from Water Plants

The Egyptian electricity sector is taking steps to establish first power plant in the Middle East to generate electricity from water stations using pumping and storage technology.

Petrogas to Fill 3.9 M Tons of Butane in 2018/2019

Petroleum Gas Company (Petrogas) plans to fill around 3.9 million tons of butane during fiscal year (FY) 2018/2019 in order to meet local market’s demands, Petrogas’ Head, Adel Al Shuwaikh, stated.

Page 311 of 477

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