Electricity | Egypt Oil & Gas - Part 5

Electricity Projects Receive EGP 53 B in FY 2019/2020

Investments that support production and development projects in the electricity sector have reached around EGP 53 billion during fiscal year (FY) 2019/2020, Amwal Al Ghad reported. The Ministry of Electricity aims to ...

Egypt Establishes 26 Power Plants in 5 Years

The Egyptian electricity sector successfully established 26 power plants over five years, sources at the Ministry of Electricity told Amwal Al Ghad. The 26 stations include 114 electricity-generating units, the source...

Egypt Generates 6,000 MW from Renewables

Egypt successfully produced 6,000 megawatts (MW) of electricity from renewable resources, as it seeks to boost the renewable energy share in the country’s energy mix, Egypt Today reported. The 6,000 MW included ...

Electricity Prices to Rise in FY 2019/20

The Ministry of Electricity said that electricity prices must be hiked in fiscal year (FY) 2019/20, Alborsa reported. Maintaining current prices will cause a deficit of around EGP 36 billion. Moreover, the Ministry of...

Electricity Output Increases by 13.53%

Egypt’s electricity production increased by 13.53%, recording 15.1 megawatts per hour (MWh) in January 2019, compared to 13.3 MWh in January 2018, Egypt Oil & Gas reports. Statistics published by the Central Agenc...

Electricity Consumption Decreases by 3.88% in a Month

Egypt’s electricity consumption decreased by 3.88% over, recording 12.4 megawatts per hour (MWh) in December 2018 compared to 12.9 MWh in November 2018, Egypt Oil & Gas reports. The country’s consumpti...

Electricity Generated from Renewables Increases by 24.9% YOY: CAPMAS

Electricity generated from renewable resources in Egypt increased by 24.9% year-on-year (YOY), recording 2,780 GigaWatt per hour (GWh) in fiscal year (FY) 2016/17, compared to 2,225.5 GWh in FY 2015/16, Amwal Al Ghad ...

Iraq Buys Iranian Oil Sanctions-Free for 90 Days

The US allowed Iraq to continue importing energy from Iran without sanctions for a 90-day waiver, a State Department official said, Reuters reported. “While this waiver is intended to help Iraq mitigate energy shortag...

Power Plants Comprise 65% of Local Gas Consumption

Electricity-generating stations in Egypt account for almost 65% of the country’s total natural gas consumption, an official source at the Egyptian Natural Gas Holding Company (EGAS) told Amwal Al Ghad. Power plants ar...

Egypt Halts Sudan’s Electricity Interconnector Project

Minister of Electricity and Renewable Energy, Mohamed Shaker, announced delaying electricity interconnector project with Sudan until an unknown period due to the political circumstances in Sudan. The ministry complete...

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