Egypt is in talks with the Islamic Development Bank (IDB) to secure funds for the Egyptian General Petroleum Corporation (EGPC) to import petroleum derivatives,
Rosatom will complete surveying the location and data analysis for the construction of the Dabaa nuclear power plant within November to pave the way for the contract signing in December.
The Egyptian Prime Minister, Sherif Ismail, signed off on the country's 2035 Sustainable Energy Strategy during a meeting with the Egyptian Supreme Council of Energy.
The Egyptian Refining Company will begin paying off the first installment of external loans for the company's refining project at Mostorod starting 2018, immediately following the project's launch.
Starting January 2017, the Ministry of Electricity plans on settling it's outstanding dues of EGP 60b for gas purchases used in fueling power stations.