GE, EETC to Increase Capacity at Transformer Station
General Electric (GE) signed a contract with the Egyptian Electricity Transmission Company (EETC) to increase the capacity of the Gabal El Zeit transformer station.
Egypt | Egypt Oil & Gas - Part 319
84% of Q1 FDI Flows to Energy Sector
Egypt's energy sector received approximately 84% of the country's foreign direct investment (FDI) during the first quarter of 2017/2018
Electricity Loads Remain Stable
Electricity production is remaining stable under 25,000 megawatts (MW).
El Molla Chairs OAPEC Meeting
The Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the meeting of the Ministerial Council of the Organization of the Arab Petroleum Exporting Countries (OAPEC).
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt, Russia to Sign Nuclear Plant Agreement this Week
Egypt and Russia will sign an $30 billion agreement to establish a nuclear power plant at El Dabaa this week.
Egypt Signs $400M Wind Farm Agreement
The Egyptian Ministry of Electricity and Renewable Energy signed a $400 million agreement with a private sector company to establish a wind farm.
EGPC Signs 3 E&P Agreements with a Combined Value of $50M
The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million.
Trials Begin at Zohr’s Onshore Treatment Plant
Two burners at the onshore natural gas treatment plant at the Zohr natural gas field conducted trial operations.
Diesel Consumption Falls 18% Y.o.Y. in September
Consumption of diesel dropped to 1.082 million tons in September, an 18% year-on-year (Y.o.Y) decrease from the 1.3225 million tons consumed in September 2016.
