Egypt | Egypt Oil & Gas - Part 318

Egypt Spent EGP 14b in Fuel Subsidies

Egypt's petroleum subsidies reached EGP 14b in the first quarter of currently fiscal year 2016/2017, which started in July. This came as a result that Brent is trading at a higher price than the $40/b used in state b ...

Egypt to Launch Waste-to-Energy FiT

Egypt is planning to launch a Feed-in-Tariff (FiT) program for waste-to-energy projects within December as the cabinet's economic committee has completed its review of the program’s terms and conditions.

Egypt, China to Swap Currency

Egypt reached a currency swap agreement with China valued at $2.7b, brining Egypt closer to achieving the conditions required to receive a $12b loan from the International Monetary Fund (IMF).

South Delta Launched Solar Tender

South Delta Electricity Distribution Company launched a solar tender to construct 11 rooftop solar power plants. That the projects will have a capacity of 190KW and will use photovoltaic to transfer solar power into ...

Egypt to Boost Oil Output

Egypt plans to increase production of crude oil and condensates from 690,000bpd to 707,000bpd by the end of fiscal year 2016/2017.

Egypt, Iraq Talked Oil Relations

The Egyptian Minister of Petroleum, Tarek El Molla, visited Iraq and met with Iraqi officials led by the Iraqi Prime Minister, Haider al Abadi.

El Molla Provided Aid to Ras Gharib

the Egyptian oil and gas sectors contributed in emergency relief operations all over the country. It participated in relief operations in Ras Gharib to face the consequences of floods.

New Firms Joined FiT Program

Nine companies, including Scatec, Infinity Solar, Alef Solar and IRC Solar, have finished their financial closure to sign with phase I of the energy purchasing Feed-in-Tariff (FiT) program, while 124 companies will c ...

Egypt, Jordan Talked Energy Cooperation

the Egyptian Minister of Petroleum and Renewable Energy, Tarek El Molla, met with the Jordanian Prime Minister, Hani Al Mulki, along with a delegation from the country.

Egypt Bought 15% in Iraqi Gas Field

The Egyptian General Petroleum Corporation (EGPC) has signed a contract with Kuwait Energy oil firm on its Siba gas field, which is located southeast of Basra Governorate in Iraq. According to the agreement, EGPC wil ...

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