Gasoline, Diesel Consumption Fall
Consumption of gasoline and diesel fell during the first quarter of fiscal year (FY) 2017/2018.
Consumption of gasoline and diesel fell during the first quarter of fiscal year (FY) 2017/2018.
If Egypt maintains its current payment rate, it will pay down its arrears to international oil companies (IOCs) within two years.
Britain will invest more than $97 million in the Benban Solar Park.
French investments in Egypt’s oil and gas sector are growing.
Orascom Construction Company, Engie, and an unspecified Japanese firm will build a 250 megawatt (MW) wind farm in Ras Ghareb.
Egypt is experiencing broad economic growth despite high inflation.
Egypt’s exploration and production (E&P) agreements are linked to its local-content policies (LCPs).
The parliamentary Energy and Environment Committee supports the government’s plans to extend the natural gas grid to 600,000 new households during fiscal year (FY) 2017/2018.
The Egyptian Ministry of Electricity and Renewable Energy has completed the legal prerequisites for the Dabaa nuclear plant and has finalized operational and funding plans for the facility.
Butane production rose to 163,700 tons in August, up 2.5% year-on-year (Y-o-Y) from August 2016.