Egypt | Egypt Oil & Gas - Part 365
France Pledged $183m to Egyptian Energy
France will fund the Egyptian energy sectors with around $183m.
Wind Farm Halted Due to Arbitration Clause
Egypt called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Cairo, in order to complete the contracting on the Suez Gulf wind farm.
El Molla Reviewed Oil and Gas Progress
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that Egypt oil and gas sector is working through a strategy that comes as part of the government's plan for energy until 2035.
Kuwait Energy, Vitol Signed Financing Deal
Kuwait Energy signed a forward sale agreement with Vitol providing it with a financing facility for up to $100m.
Egypt to Import Crude from Iraq
Egypt aims to reach an agreement to import crude oil directly from Iraq.
El Molla Held Talks with Arabic Oil Ministers
Egyptian Minister of Petroleum, Tarek El Molla, met with oil ministers from Iraqi, Algerian, Kuwaiti, and Libya
EGAS Awarded New Concession Deals
The Egyptian Natural Gas Holding Company (EGAS) awarded three new concession agreements to Eni's Egyptian joint venture, International Egyptian Oil Company (IOEC), UK's BP and French Total
Siemens to Boost Egyptian Power by 3,200MW
Siemens plans to boost the capacity of the Egyptian national electricity grid by 3,200MW through its Beni Suef plant, the New Administrative Capital plant, and Burullus power plants.
