Egypt | Egypt Oil & Gas - Part 381
Egypt to Reconsider Power Brackets
Egypt's House of Representatives' Energy Committee asked the Egyptian Ministry of Electricity to consider 250kWh consumption tier as limited income households.
Egypt to Import More Fuel
The Egyptian General Petroleum Corporation (EGPC) is considering to launch a tender to import 700,000 tons of benzene, diesel, and, mazut oil, with the Ministry of Finance securing $300m to buy the needed cargos by m ...
Egypt to Build Crude Pipeline
The Egyptian General Petroleum Corporation (EGPC) awarded Port Said Engineering Works Company a tender to establish crude oil pipeline.
Egypt Boosted Power Transmission
The Egyptian Ministry of Electricity has spent around $238m on enhancing power transformer stations to support Egypt’s electricity distribution network in preparation for the addition of three new power plants.
El Molla Issued New Promotions
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued promotions and transfers in the petroleum sector.
Ethydco to Export 70% of Polyethylene
In an effort to increase USD influx, Sidi Keriri Petrochemicals Company (Sidpec) intends to export 70% of its polyethylene that is produced at its new Ethydco facility.
Power Prices to Remain Stable
As a result of the EGP devaluation, the Egyptian Ministry of Electricity will incur about EGP 100b yearly, EGP 50b came due to the repricing of fuel used in power generation. Yet, there will be no increase in the sel ...
Aramco Halted Oil Cargos Indefinitely
Saudi Arabia’s Aramco has informed Egypt that shipments of oil products expected under a $23b deal would be halted indefinitely.
