Egypt | Egypt Oil & Gas - Part 415
IFC Continues Investments in Egypt’s Renewable Energy
The International Finance Corporation confirmed it's commitment to Egypt’s energy sector and supporting the government’s agenda of promoting private, sector-led, renewable energy projects.
Libya to Export Oil to Egypt in EGP
Libya is considering to export Libyan petroleum oil to Egypt for Egyptian Pounds to alleviate Cairo’s burden to secure foreign currency for fuel imports
Egypt Combats LPG Shortage
The Egyptian government continues its efforts to monitor and regulate the distribution of Butane, with a push to increase supplies of gas tanks to meet household demands and avoid distribution bottlenecks.
Egypt to Launch Oil Firms IPO
The Egyptian Minister of Investment, Dalia Khorshid, said that the country is set to launch its initial public offerings (IPO) in government-owned companies with oil sector businesses.
Egypt to Sign Maritime Demarcation Agreements
After the late agreement with Cyprus, Egypt will sign a maritime demarcation agreement with Greece which paves the way for future cooperation between Egypt, Cyprus, Greece and Israel.
Tamar, UFG Negotiating Gas Pipeline
Israeli Tamar Partnership and the Spanish energy company Union Fenosa Gas (UFG) are holding talks on a possible pipeline gas supply deal reviving the 2014 memorandum of understanding that has since been halted over t ...
Israel Seeking New Investors for Offshore Gas Exploration
Israel is seeking new investors to explore for natural gas fields in the offshore areas, as the country’s Energy Minister, Yuval Steinitz, is touring talks in London with energy giants, hoping to interest companies t ...
Egypt Paid $5.4b in Oil, Gas Arrears
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry has paid off an amount of $5.4b to cover all arrears for the fiscal year 2015/2016 in regard to purchases of equity c ...
