Egypt | Egypt Oil & Gas - Part 322

Total to invest $100m in Egypt

Total's Senior Vice President for Africa, Stanislas Mittleman, stated that the company will invest $100m in Egypt

East-Med Summit Concluded in Cairo

The fourth trilateral summit between Egypt, Greece and Cyprus covered discussion on economic zones in the Mediterranean, ways to transport natural gas to Europe, and methods to increase joint projects between the cou ...

Egypt to Sign FiT Phase I PPAs

The Egyptian Ministry of Electricity is ready to sign power purchasing agreements under the terms of phase one of the feed-in tariff (FiT) program

Shell Invested $450m in Egypt

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell's Executive Manager of Exploration and Production, Andy Brown, during his visit to Egypt.

Egypt, ITFC Signed Export Funding Deal

Egypt has signed a letter of intent for supporting the country’s export financing sector with the International Islamic Trade Finance Corporation (ITFC).

Egypt to Reduce Gas Prices for Steel Industry

The Egyptian Cabinethas authorized the application of reduced gas prices for the sector as of October, instead of September.

Egypt Received Oil Cargos

Egypt has received oil cargos, after Saudi Aramco informed that it will not be able to provide October's 700,000t shipment.

Egypt Owes $3.6b in Oil Arrears

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Egypt's debt towards international oil and gas companies (IOC) increased from $3.2b to $3.58b as of the end of September.

EU to Fund Egypt with $142m

EU’s Head of the European Neighborhood Policy and Enlargement Negotiations, Johannes Hahn, will sign a $142.17m funding package to support social and economic reforms in Egypt.

East-Med Trilateral Summit Held in Cairo

Cypriot President Nicos Anastasiades and a Greek ministerial delegation, headed by Prime Minister Alexis Tsipras, have arrived in Cairo take part in a tripartite summit with leaders from Greece and Egypt on mutual co ...

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