Noble Energy Considers Investing in Egypt’s Oil & Gas Industry
Noble Energy expressed interest in investing in Egypt’s oil and gas sector and the possibility of linking the natural gas fields off Cyprus to Egypt's natural gas infrastructure.
Egypt | Egypt Oil & Gas - Part 320
Egypt’s Gas Flaring Can Cover 5% Electricity Production
Egypt's gas flaring is enough to cover 5% of domestic electricity production, Director and Head of Natural Resources at the European Bank for Reconstruction and Development (EBRD), Eric Rasmussen, stated.
Total to Add 9 Gas Stations in 2018
Total Egypt plans to establish 9 new gas stations in 2018. The stations are planned to be launched in Alexandria, Delta region, and Cairo.
Egypt to tender 500 MW solar plants in 2018
Ministry of Electricity and Renewable Energy plans to launch tenders for the establishment of 500 MW solar power plants during the first quarter of 2018.
Egypt Ranks 11th Globally in Gas Flaring
Egypt is the 11th country in gas flaring worldwide, Program Manager-Global Gas Flaring Reduction Partnership at the World Bank, Bjorn Hamso, stated, adding that Egypt jumped from the 9th to the 11th place.
Egypt Spent EGP 23.8 B on Fuel Subsidies in Q1 2017/2018
Egypt has spent total EGP 23.8 billion on subsiding different petroleum products in the first quarter of fiscal year (FY) 2017/2018, saving EGP 4 billion from the allocated EGP 27.7 billion in the FY's budget.
Egypt Production of Electricity Rose by 5.3%
Egypt's production of electricity increased by 5.3% year on year (Y.o.Y) as it reached 19.7 kWh in August 2017, compared to 18.7 kWh in August 2016.
Atoll Starts Production at 300 MSCF/D
Initial production from Egypt's Atoll natural gas field started at a rate of 300 million standard cubic feet per day (mscf/d).
Egypt to Sign Strategic Partnership with EU
Egyptian Minister of Petroleum, Tarek El Molla, agreed with EU Commissioner, Miguel Arias, to sign a strategic partnership memorandum of understanding (MoU) between Egypt and EU.
Egypt to Establish Nuclear Power Regulator in January
Ministry of Electricity is planning to finish establishing the nuclear power industry regulator, and its working on appointing officials for it in January 2018.
