A source informed Amwal Al-Ghad that the financing portfolio for the petroleum sector recorded loans and credits of EGP 41b ($5.2b) at the National Bank of Egypt (NBE).
EGPC has addressed the Council of Ministers for the approval for interests payments worth EGP 2.7b on a loan guaranteed by the Ministry of Electricity, learned Al-Borsa.
In a talk with Al-Masry Al-Youm EGAS Chairman Khaled Abdel Badie strenuously denied news reports that Egypt was going to import LNG through the Jordanian port of Aqaba, reported Egypt Independent.
Egypt agreed a three-month oil products deal worth $1.4 billion with Saudi Arabia's state-owned Aramco to begin in September, Sherif Ismail told Reuters.
Vice Chairman for Operations & Natural Gas Grids told Egypt Oil & Gas (EOG) that natural gas local consumption increased during Fiscal Year 2014/2015, reaching 1,765 BCF (an average of 5,000 MMSCFD).
Al-Borsa newspaper was able to get hold of the summary of the project for setting up an independent gas regulator in Egypt, put together by the European Union's Technical Assistance for the Reform of Energy Sector (T ...
The Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) have announced three new tenders for renewable energy totaling 500MW,