Egypt to Clear Back Payments to IOCs Within 2 Years
If Egypt maintains its current payment rate, it will pay down its arrears to international oil companies (IOCs) within two years.
Egypt | Egypt Oil & Gas - Part 313
UK Providing $97M for the Benban Project
Britain will invest more than $97 million in the Benban Solar Park.
French Investments in Egypt’s Oil and Gas Sector Increasing
French investments in Egypt’s oil and gas sector are growing.
Consortium to build 250MW Wind Farm in Ras Ghareb
Orascom Construction Company, Engie, and an unspecified Japanese firm will build a 250 megawatt (MW) wind farm in Ras Ghareb.
Egypt Experiencing Broad Economic Growth
Egypt is experiencing broad economic growth despite high inflation.
El Shazly: E&P Agreements Linked to LCPs
Egypt’s exploration and production (E&P) agreements are linked to its local-content policies (LCPs).
El Sewedy Wants 1M Households Connected to Gas Grid in FY 2018/2019
The parliamentary Energy and Environment Committee supports the government’s plans to extend the natural gas grid to 600,000 new households during fiscal year (FY) 2017/2018.
Plans for the Dabaa Nuclear Plant Progress
The Egyptian Ministry of Electricity and Renewable Energy has completed the legal prerequisites for the Dabaa nuclear plant and has finalized operational and funding plans for the facility.
Butane Production Rises 2.5% Y-o-Y in August
Butane production rose to 163,700 tons in August, up 2.5% year-on-year (Y-o-Y) from August 2016.
Egypt Signs Loan Facility Worth $653M for Solar Plants
The Egyptian government signed 13 agreements with a banking consortium led by the International Finance Corporation (IFC) to fund the construction of 13 solar-power plants with a total capacity of 590 megawatts (M ...
