Egypt | Egypt Oil & Gas - Part 439
Former Petroleum Minister States that Feasibility Studies are Best Way to Deal with Foreign Firms
In exclusive statements made to Youm 7, former Minister of Petroleum Osama Kamal said that the ideal way to deal with foreign companies that want to invest in Egypt is to prepare banking feasibility studies in advance.
US Butane Technology to Help Fuel Egypt’s Industrial Sector
Butane in its regular state is of high density and cannot be pumped through pipelines, however, after mixing it with air, it converts into the same technical characteristics as natural gas, according to Abu Bakr.
UAE and Other Middle East Stocks Gyrate With Oil Prices
Dubai stocks tumbled the most since March as investors bet the longest streak of weekly gains in 15 months had taken share prices too high, too fast. Abu Dhabi equities fell to the lowest in almost three weeks.
Egypt’s First Floating Power Plant
Arab Energy is finalizing all necessary approvals to supply the first floating 200MW power plant, with investments worth more than $180m. The plant will be located in an Egyptian port, to connect its production with ...
Abengoa to Enter Egyptian Solar Market
Abengoa’s solar business chief executive Armando Zuluaga signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority and the Egyptian Electricity Transmission Company to define the terms of ...
Fuel Smart Card System to Take Effect from June 15
Egypt will begin rolling out a smart card system for subsidised fuel from June 15, the head of the firm overseeing the project said, part of plans to reduce costly energy subsidies over time.
African Development Bank to Increase Hydropower Generation in Egypt
The African Development Bank (AfDB) plans to boost energy generation capacity at hydropower plants to 40,000 MW, with connections to Nigeria, South Africa and Egypt, according to AfDB’s report issued Tuesday.
Access Power Signs Renewable Energy Deal with Egypt
A Memorandum of Understanding (MoU) was signed Wednesday between the Egyptian Ministry of Electricity and Renewable Energy (MERE) and Access Power MEA, during the Middle East Solar Industry Association’s (MESIA) Rene ...
