Egypt | Egypt Oil & Gas - Part 316

Botagasco Opens a New Butane Warehouse

Egyptian Company for Gas Transportation and Delivery (Botagasco) opened a new butane distribution warehouse in Kirdasa, Giza, to serve the citizens of Kirdasa and its surrounding area.

Shell to Drill 63 Wells in Western Desert

Royal Dutch Shell plans to drill 63 wells in the Western Desert during 2018.

96.1% Public Facilities Rely upon Electricity

Electricity is the main source of fuel for 96.1% of Egypt’s public facilities.

Egypt Invests EGP 483B in Electricity Grid

Egypt has recently invested EGP 483 billion in projects to develop its national electricity grid

Egypt’s Fuel Imports Reach $819M in June

The Egyptian oil and gas sector imported fuel for $819 million in June 2017, making around 30.6% Year-over-Year (Y-o-Y) increase from $627 million worth fuel in June 2016.

12.2% of Buildings Linked to Natural Gas Grid

The percentage of buildings linked to Egypt’s natural gas grid rose to 12.2% in 2017

APRICOP Considering Additional Investments in Egypt

Arab Petroleum Investments Corporation (APRICOP) is studying new projects for investment in Egypt.

Inflation Falls in September

Urban consumer price inflation eased slightly in September, dropping to 31.6% from 31.9% in August.

IMF: Economy to Grow 4.5% in FY 2017/2018

The International Monetary Fund (IMF) projects that Egypt’s economy will grow by 4.5% in fiscal year (FY) 2017/2018.

Shaker Praises Work of AfDB in Egypt

The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, met with a delegation from the African Development Bank (AfDB) to discuss the bank's to support of Egypt energy sector.

Page 316 of 456

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