Egypt | Egypt Oil & Gas - Part 405
Vestas Plans to Install 2.2GW Wind Farm in Egypt
Denmark’s Vestas Wind Systems announced that it will present a request to install 2.2GW of wind capacity in Egypt, including a list of six financial institutions that will fund the projects. Six banks to finance the ...
Shell, Apache Agree on Higher Gas Price
Shell and Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia field in the Western Desert. The new agreement decided on is for the price of $4.6 per 1m therm ...
Egypt’s Petroleum Products, Gas Consumption Rose
Egypt consumed about 73.36m tons of petroleum products and natural gas during the fiscal year (FY) 2014/2015, compared to 73.04m tons in FY 2013/2014, an increase of 0.43%, according to CAPMAS.
France Offers $75.8m Gas Grant to Egypt
The French Development Agency (AFD) has offered Egypt a $75.7m grant to finance a mega-project that aims to facilitate access to natural gas to 2.4m Egyptian households.
Qalaa’s New Oil Refinery to Cut Import Bill
Egyptian Qalaa Holdings is positive that its new mega refinery will reduce the country’s dependence on oil imports, according to what its Chairman, Ahmed Heikal, said in an interview.
Egyptian Cabinet Approves Nuclear Cooperation with Riyadh
The Egyptian cabinet has officially approved cooperation with Saudi Arabia in peaceful usage of nuclear power and on nuclear security.
El Molla Foresees Increase in Natural Gas Production
Egypt's Oil Minister, Tarek El Molla, said that the country will increase its natural gas production to between 5.5 and 6bcf/d by the end of 2019. Egypt currently produces 3.9bcf/d of natural gas.
SDX Energy’s North West Gemsa Well Flows Oil
SDX Energy, an international oil & gas exploration and production company with assets in Egypt and Cameroon, brings a new oil production well at the North West Gemsa concession of Egypt's Eastern Desert in operation.
