Egypt | Egypt Oil & Gas - Part 324

IMF Board to Review Egypt’s Loan

The $2.5b first tranche of the IMF's $12b loan will be made available to Egypt after the IMF’s executive board reviews the program, with the country’s funding package be presented to the fund’s executive board by the ...

Africa to Import 30m Tons of Gas by 2025

Africa could become a significant global market for imported liquefied natural gas (LNG) by 2025, with Egypt the main driver, as more countries eye gas-to-power projects.

EGPC to Import 665,000t of Gasoil

The Egyptian General Petroleum Corporation (EGPC) will receive up to 665,000t of gasoil over 19 cargos. The shipments will be delivered in November.

APICORP to Lend $100m to EGPC

The Arab Petroleum Investments Corporation (APICORP) arranged a $100m Murabaha Financing Facility for Egyptian General Petroleum Corporation (EGPC)

Power Plants Consumed 3.4bcf/d of Gas

The Egyptian Ministry of Petroleum announced that the gas consumption of electricity power plants decreased to 3.4bcf/d.

Edison to Drill 3 Wells in Egypt

Edison's Commercial Manager, Tarek Shalaby, stated that the Italian firm will start drilling 3 new wells in its gas concessions in Egypt including South Edco, Abu Qir, and North West El Gendy during January 2017

Egypt’s State Council Authorized Phase I of FiT

The Egyptian Council of State authorizes phase 1 of the energy purchasing FiT program to proceed.

China to Invest in Egypt’s Petchem, Energy

China's Beijing Enterprises Group to pump investments into Egypt in the framework of the government’s Sustainable Development Strategy

Egypt Pumps Gas to Ismailia

Egyptian Ministry of Petroleum started a project to deliver gas to Qantara city in West Ismailia

El Molla Reviewed Progress of Mediterranean Gas Projects

Egyptian Minister of Petroleum, Tarek El Molla, visited North Alexandria to check gas fields' development project.

Page 324 of 388

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