Egypt | Egypt Oil & Gas - Part 401
FiT Asked for $8.5m Guarantee
The Egyptian Ministry of Electricity and Renewable Energy asked for $8.5m guarantees from each company in the first phase of renewable energy purchasing Feed-in Tariff (FiT) program.
Infinity, Scatec Solar Join FiT Phase II
Infinity Solar and Scatec Solar proposed building three renewable energy projects under phase two of the Feed-in Tariff program.
Dana Gas Earned $13m
Dana Gas declared a third quarter net profit of $13m, compared to a net loss of $9m during the same period in 2015, reported Gulf News. The nine-month net profit stood at $26m, against a gain of $10m in the same peri ...
E-Finance Issued Petrol Smart Cards
E-Finance has issued 6.8m petrol electronic smart cards for the management system of petroleum subsidies in cooperation with the Egyptian Ministry of Finance.
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.
