Egypt Spends $2.4B on LNG in FY 2016/2017
The Ministry of Petroleum and Mineral Resources spent between $2.2 billion and $2.4 billion on liquefied natural gas (LNG) imports during fiscal year (FY) 2016/2017.
The Ministry of Petroleum and Mineral Resources spent between $2.2 billion and $2.4 billion on liquefied natural gas (LNG) imports during fiscal year (FY) 2016/2017.
A number of Egyptian firms participated in the Kuwait Oil & Gas Show and Conference (KOGS 2017).
Egypt will likely renew its deal with a global banking consortium for another year to strengthen its foreign reserves and to permit the government to implement economic reforms.
Egypt’s solar energy sector has garnered $1.8 billion in investments.
Egypt expected to receive its last shipment of Iraqi crude oil—under April’s import agreement with Iraq—on October 17th.
The New and Renewable Energy Authority (NREA) will work with Abu Dhabi Future Energy Company (Masdar) to build a wind farm, using the build, own, operate (BOO) framework.
Prime Minister Sherif Ismail has officially appointed Karem Mahmoud, as the Head of the Natural Gas Regulatory Authority.
Egypt has invited Belarusian firms to participate in its oil and gas sector.
Egypt Gas Company is prepared to supply the fuel requirements of the airport at the New Administrative Capitol once it begins operations
Egypt's Arab Petroleum Pipelines Company (SUMED) renewed its contract for the storage and transportation of crude oil with Kuwait Petroleum Corporation (KPC).