Egypt | Egypt Oil & Gas - Part 430
Update: Joint Stock Power Companies May Be Listed on EGX
Company would own and manage projects to add electricity units, says government statement
Negotiations Over Petroleum Derivative Imports with UAE, Kuwait, Saudi
The Egyptian government is currently involved in negotiations with Emirates to sign a new agreement to secure the needs of local market of petroleum derivatives during the second half of the current year
$80 Mn Aswan Solar Project Slotted for Next Year
Company signed agreement with NREA to develop 50 MW solar power plant in Aswan
Cooking Oil-to-Biodiesel Protocols Signed
The programme will be applied in all governorates in Egypt, whereby ACPA will be responsible for the transformation process
Egypt Set to Import Israeli Natural Gas, Following Expected Security Approvals
Security bodies to approve importing gas from Tel Aviv
Blackouts Minimized through Maintenance, LNG Imports
A total of 3,632 MW has been added to the national grid through implementing the ministry’s urgent plan to meet electricity demand
BP To Supply Only 16 LNG Cargoes to EGAS
Egypt has agreed a liquefied natural (LNG) supply deal with British oil major BP through 2015 and 2016, but for less than first proposed
Update: Coal and Declining Oil Prices Help Reduce Fuel Subsidies, says El-Molla
“Oil subsidies during the current FY (to end June 30) amounted to 70 billion EGP, down from an estimated 100 billion EGP in the state budget,” Molla said.
