Egypt | Egypt Oil & Gas - Part 363
Firms Invest $3b in Phase II of FiT
Thirty one companies are contributing in phase II of the energy purchasing Feed-in Tariff (FiT) program with investments $3b to build solar and wind power plants with capacity 1,845MW.
FAJR to Supply Gas to Jordan’s Industries
Egyptian-Jordanian FAJR for Natural Gas Transmission and Supply Company signed an agreement with Fine Hygienic Holding to provide two of its factories with natural gas
Siemens Began Trails at Burullus Power Plant
Siemens started trial tests on three production units at Burullus power plant with a production capacity of 1200MW.
El Molla Reviewed Petrogas, CORC Budgets
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Petroleum Gas (Petrogas) and Cairo Oil Refining Company (CORC).
SDX Energy to Buy Circle Oil’s Assets
SDX Energy entered into non-binding heads of terms (HoT) with Circle Oil Company for the attainment of Circle Oil’s assets in Egypt and Morocco.
Nooros to Produce 1.2bcf/d of Gas
Italian Eni has raised its expectations for production from Egypt's Nooros Field by 20% from the planned 1bcf/d to reach 1.2bcf/d by mid 2017.
Egypt to Receive Iraqi Oil
Egypt is about to start receiving 1mb of light crude oil per month from Iraq within the coming few days
Egypt, Russia Finalize Credit Package for Dabaa Plant
Egypt and Russia agreed on credit packages and bank guarantees in Dabaa Nuclear Power Plant's Contract.
