Egypt | Egypt Oil & Gas - Part 317

Egypt, Jordan Develop Capacity to Exchange 400 MW of Electricity

A project to connect Egypt and Jordan’s electricity grids will permit the two countries to exchange up to 400 megawatts of electricity.

Egyptian, Jordanian Firms Sign Two Energy MoUs

Egyptian and Jordanian companies signed two energy-sector Memoranda of Understanding.

Zohr Production Remains On Track For This Year

Production from the Zohr gas field remains on track to begin in December.

Bolivia Invites El Sisi to Attend GECF Session

The Egyptian President, Abdel Fattah El Sisi, received an invitation from the Bolivian Ambassador to Egypt, Luis Alberto Sánchez Fernández, to attend the upcoming meeting of the Gas Exporting Countries Forum (GECF ...

Germany to Extend $250M Loan to Egypt

The German government will provide a $250 million loan next year to help finance Egypt’s budget

El Mazni: Additional Steps Necessary for Gas Market Liberalization

Liberalizing Egypt’s gas market requires additional steps and greater cooperation, a senior official at Egypt Natural Gas Holding Company (EGAS) said at a working luncheon hosted by the British Egyptian Business A ...

Rosneft Acquisition of 30% of Zohr Finalized

Rosneft has closed a $1.125 billion deal with Eni to acquire a 30% stake in the Zohr gas field.

Ain Sokhna’s Storage Capacity to Increase by 200,000 cm

The second phase of development at the Ain Sokhna Port will include the installation of storage tankers to increase the port’s storage capacity by 200,000 cubic meters (cm)

Banking Alliance to Provide EGP 2.3B for GPC Exploration

General Petroleum Company (GPC) signed an agreement with six banks for an EGP 2.3 billion loan to finance oil and gas exploration.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

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