Egyptian Cabinet | Egypt Oil & Gas - Part 2

Cabinet Explains Consequences of Fuel Price Increase

The government issued a number of social protection programs worth more than EGP 85b to protect low-income citizens from being negatively affected by the burdens of economic reform.

Egypt Aims to Reschedule Debt Payment to IOCs in 2017

Egypt's PM Sherif Ismail's cabinet wants to reschedule the debts to be paid to foreign oil companies operating in the Egyptian sector during 2017 in order to be able to pay out the entire debt by 2019.

Egypt to Pay EGP 60b in Power Subsidies

The cost of Egypt's power subsidy has increased from EGP 30b to EGP 60b for the current fiscal year 2016/2017.

Egypt to Reduce Gas Prices for Steel Industry

The Egyptian Cabinethas authorized the application of reduced gas prices for the sector as of October, instead of September.

Egypt to Fuel Cement, Fertilizers Plants with Coal

The Egyptian Cabinet is considering the usage of coal usage a fuel alternative to natural gas in fertilizers and cement factories starting January 2017.

Egypt Approves Waste-to-Energy Tariffs

The Egyptian Cabinet of Ministers approved the waste-to-energy feed-in tariffs pricing recommended by the ministerial committee assigned to study projects for energy production from agricultural, solid, and communal ...

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