Electricity Consumption Stable under 25K MW
Electricity consumption is holding below 25,000 megawatts (MW).
Electricity consumption is holding below 25,000 megawatts (MW).
The government has no plans to raise fuel prices during the current fiscal year.
Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.
The Cyprus Hydrocarbon Company (CHC) is exploring opportunities to export natural gas to Egypt.
The New and Renewable Energy Authority (NREA) is looking to establish a company to manage wind farms across the country.
GE has connected a new 500/220 kilovolt (kV) gas-insulated substation to Egypt’s national grid as part of the Egypt-Saudi Arabia Interconnection Project.
The regulations for the new gas law and the regulatory authority it establishes will be submitted to the Cabinet soon.
Sidi Kerir Petrochemical Company’s (Sidpec) profits reached EGP 703 million in the first nine months of 2017.
Contracts between Egypt and Russia for the Dabaa nuclear plant should be finalized by the end of 2017.
Consumption of gasoline and diesel fell during the first quarter of fiscal year (FY) 2017/2018.