Egypt | Egypt Oil & Gas - Part 312

Electricity Consumption Stable under 25K MW

Electricity consumption is holding below 25,000 megawatts (MW).

El Molla Reiterates: No Fuel Price Increases this Year

The government has no plans to raise fuel prices during the current fiscal year.

EGPC Has Signed 439 Agreements Since ’73

Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.

CHC Seeking Opportunities to Export Natural Gas to Egypt

The Cyprus Hydrocarbon Company (CHC) is exploring opportunities to export natural gas to Egypt.

NREA Looking to Set Up Company to Manage Wind Farms

The New and Renewable Energy Authority (NREA) is looking to establish a company to manage wind farms across the country.

GE Completes Substation to Connect Egyptian, Saudi Arabian Grids

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.

Regulations for Gas Law to be Submitted to Cabinet

The regulations for the new gas law and the regulatory authority it establishes will be submitted to the Cabinet soon.

Sidpec Reports EGP 703M Profit for first 3 Quarters

Sidi Kerir Petrochemical Company’s (Sidpec) profits reached EGP 703 million in the first nine months of 2017.

Russian-Egyptian Contracts for Dabaa Plant this Year

Contracts between Egypt and Russia for the Dabaa nuclear plant should be finalized by the end of 2017.

Gasoline, Diesel Consumption Fall

Consumption of gasoline and diesel fell during the first quarter of fiscal year (FY) 2017/2018.

Page 312 of 459

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