Egypt | Egypt Oil & Gas - Part 422
Leviathan Partners and BG Negotiating $30b Egypt Gas Deal
The partners in Israel’s Leviathan Gas Field are close to an agreement with British Gas (BG) to export gas to Egypt. The $30b deal is expected be signed before BG is purchased by Shell in late January.
Egypt Struggling to Pay for Energy Imports, CBE Governor Denies
Egypt is having difficulty paying for energy imports priced in US dollars – cancelling orders and asking for extensions – as the country’s foreign currency reserves have fallen. CBE Governor Tarek Amer denies the rep ...
18 Promotions and Transfers in the Petroleum Sector
The Minister of Petroleum and Mineral Resources, Tarek El Molla, approved a list of transfers and promotions for the heads of state companies in the petroleum sector.
EGAS Notifies Factories of a 15% Gas Supply Cut
EGAS notified energy intensive factories that they must reduce consumption by 15% from the contracted quantity due to the current low pressure of gas in the National Grid
GTUPW Signs Protocol with Kuwait in the Petrochemical Industry
The General Trade Union for Petroleum Workers (GTUPW), headed by Mohammed Saafan, signed a protocol of cooperation with the Kuwaiti Federation of Petroleum and Petrochemical Workers, headed by Yousif Yacoub Al-Kandar ...
EBRD to Boost Egypt’s Energy Sector with $170m
The EBRD has arranged a $170m loan facility to support safety standards in Egypt's energy sector.
Egyptian Solar Projects Increasing, Exports Possible by 2020
The European Bank for Reconstruction and Development (EBRD) has allocated $500m to finance solar energy in Egypt in 2016 - a part of a larger renewables effort, which may allow Egypt to export solar-generated energy ...
Shell, Misr El-Kheir Foundation to Provide Entrepreneurship Training for Young Egyptians
Shell has announced the expansion of its “Intilaaqah Egypt Program” to include a 12-month training for 500 young Egyptian entrepreneurs helping them start their own businesses in 2016.
