Egypt | Egypt Oil & Gas - Part 314

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.

Egyptian Firms Participate in KOGS 2017

A number of Egyptian firms participated in the Kuwait Oil & Gas Show and Conference (KOGS 2017).

Egypt Looks to Renew Financing Deal

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.

Solar Sector Attracts $1.8B in Investments

Egypt’s solar energy sector has garnered $1.8 billion in investments.

Egypt Receives Last Shipment of Iraqi Crude

Egypt expected to receive its last shipment of Iraqi crude oil—under April’s import agreement with Iraq—on October 17th.

NREA to Establish BOO Wind Farm

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.

Karem Mahmoud the New Head of the Natural Gas Regulatory Authority

Prime Minister Sherif Ismail has officially appointed Karem Mahmoud, as the Head of the Natural Gas Regulatory Authority.

Egypt Invites Belarusian Firms to Work in Oil & Gas Sector

Egypt has invited Belarusian firms to participate in its oil and gas sector.

Egypt Gas to Supply Fuel for New Airport

Egypt Gas Company is prepared to supply the fuel requirements of the airport at the New Administrative Capitol once it begins operations

KPC Renews Contracts with SUMED

Egypt's Arab Petroleum Pipelines Company (SUMED) renewed its contract for the storage and transportation of crude oil with Kuwait Petroleum Corporation (KPC).

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