Electricity | Egypt Oil & Gas - Part 30

Gulf Energy Firms Pledge Renewable Gigawatts at March Summit

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power genera ...

Gas Demand in Nigeria Drives Growth at Seplat

Nigerian energy company Seplat (SEPLAT.LG) expects its gas business to contribute around a third to its profits over the next two years, up from less than 10 percent today, as demand for electricity generation in Afr ...

Egypt Inks New Nuclear Power Plant Deal With Russia

Egypt's President Abdel Fattah El-Sisi and Russian President Vladimir Putin have signed an agreement for Russia to construct a nuclear power plant to generate electricity in Egypt, the Ahram Arabic news website repor ...

EGAS Owed EGP 53 Billion By Electricity Ministry

Egyptian Natural Gas Holding Company’s (EGAS) dues from the Ministry of Electricity have significantly increased to amount to roughly EGP 53 billion in exchange for the gas that electricity generation stations obtain.

Electricity Ministry to Add 3,600MW in Summer

The Ministry of Electricity plans to add 3,600MW of electrical energy next summer to overcome growing electricity consumption, according to Electricity Minister Mohamed Hamed Shaker.

Electricity Sector’s Debts Repayment to Petroleum Ministry Scheduled

Egypt's Petroleum and Electricity Ministries have reached an agreement to reschedule debts owed to the Ministry of Petroleum by the electricity sector in the upcoming months. The debts have reached EGP 44 billion.

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