Egypt | Egypt Oil & Gas - Part 382
El Molla Chaired Energy Hub Meeting
The higher committee for transferring Egypt into a regional energy hub held its first meeting chaired by the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla.
Solar Firms to Pay EGP 10b in Cost-Sharing Deal
The Egyptian Electricity Transmission Company (EETC) will request solar energy investors to repay the EGP 10b each.
Petrobel Develops Baltim-1X Well
Petrobel is ongoing in the development and drilling of Baltim-1X well in the Baltim South West Concession.
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.
