Egypt | Egypt Oil & Gas - Part 406
Egypt to Buy Kuwaiti Fuel
Egypt signed an agreement to buy petroleum products from Kuwait with no discounts or grants. According to the agreement Egypt should pay in cash.
EGAS Collected EGP 4.2b
The Egyptian Natural Gas Holding Company (EGAS) collected an amount of EGP 4.2b. This figure comprises EGP 3.5b for domestic gas sales since April, and EGP 770m late dues collected from customers.
Egypt to Invest $10b in Coal-Fired Power
The Egyptian Ministry of Electricity received proposals to establish coal-fired power plants according to an engineering, procurement, and construction (EPC) contract, plus financing. Egypt to Invest $10b in Coal-fi ...
EETC Signed 3 FiT Deals
The Egyptian Electricity Transmission Company (EETC) signed three Feed-in-Tariff (FiT) phase I agreements with Nubian, ARC, and Irena with investments estimated at $250m and a production capacity of 125MW.
EIB Agreed to Loan Egypt $800m
European Investment Bank (EIB) approved the issuance of over $800m in loans to support Egyptian economy.
EGPC Launched Fuel Tender
The Egyptian General Petroleum Corporation (EGPC) launched a tender to receive oil and gas imports during the first half of November.
Dresser-Rand Awarded Turbines Bid
Dresser-Rand won a tender by Egyptian Petrobel-Belayim Petroleum to provide 3 SGT-400 turbines along with their electricity generator to Zohr gas field located 200km near Egyptian coastline.
Egypt to Add 80mcf/d of Gas from Noroos
Italian Eni plans to link 80mcf/d of gas to national grid from its Nooros concession by the end of November 2016.
