Egypt | Egypt Oil & Gas - Part 404

Egypt | Egypt Oil & Gas - Part 404

Egypt Drafted PPA for FiT Phase II

The Egyptian New and Renewable Energy Authority (NREA) along with the Egyptian Ministry of Finance completed drafting the Power Purchasing Agreement (PPA) for phase II of the energy purchase Feed-in-Tariff (FiT) pro ...

EGAS to Export 150mcf/d of Gas

The Egyptian Natural Gas Holding Company (EGAS) plans to export 150mcf/d of gas through Edco Liquefaction Factory owned by Royal Dutch Shell.

Egypt Got Bids for West Cairo Power Plant

Five companies, including a consortium, have submitted financial offers in a bid to implement civil engineering work for the West Cairo power plant that has a capacity of 650MW via 18 units.

Egypt Pumps Natural Gas to Dairut

the Egyptian Natural Gas Holding Company’s (EGAS) pumped natural gas for the first time to Dairut City in Assiut.

El Molla Concluded his Iraqi Visit

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the Iraqi President, Fuad Masum and the Head of the Iraqi Parliament, Salim Al Jabouri while in the country for an official visit.

Al Nowais Asked for Guarantees on Dues

Emirate energy firm Al Nowais is currently negotiating with the Egyptian Ministry of Finance over sovereign guarantees in order to build its 2640MW capacity coal-fired power plant in Ain Mose in Sinai region.

SDX Extended S. Ramadan Drilling

The Egyptian General Petroleum Corporation (EGPC) has granted SDX Energy and PICO Petroleum preliminary approval to extend the drilling period in South Ramadan Concession located in the Gulf of Suez.

Egypt Spent EGP 14b in Fuel Subsidies

Egypt's petroleum subsidies reached EGP 14b in the first quarter of currently fiscal year 2016/2017, which started in July. This came as a result that Brent is trading at a higher price than the $40/b used in state b ...

Egypt to Launch Waste-to-Energy FiT

Egypt is planning to launch a Feed-in-Tariff (FiT) program for waste-to-energy projects within December as the cabinet's economic committee has completed its review of the program’s terms and conditions.

Egypt, China to Swap Currency

Egypt reached a currency swap agreement with China valued at $2.7b, brining Egypt closer to achieving the conditions required to receive a $12b loan from the International Monetary Fund (IMF).

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