Electricity | Egypt Oil & Gas - Part 7

Egypt to Lay Foundation Stone for EuroAfrica Electricity Interconnector

Egypt plans to lay the foundation stone of the EuroAfrica Interconnector project in November 2018, energy expert Hani el Noqrashi told the Middle East News Agency (via Egypt Today). The $4 billion project will allow E...

US Grants Iraq 45-Day Waiver for Iran Imports

The US has granted Iraq a 45-day waiver from its sanctions on Iran in order to import natural gas and electricity supplies, Reuters reported. “The United States has given Iraq a temporary relief from the sanctio...

Electricity Output Drops by 1.97% YOY in July 2018

Egyptian electricity production dropped by 1.97% year-on-year (YOY) in July 2018, generating 19.9 megawatts per hour (MWh) compared to 20.3 MWh in July 2017, Egypt Oil & Gas reports. Statistics published by the Ce...

Egypt to Start Operating Sudanese Electricity Link by 2018 End

Egypt is expected to begin operating the 100-MW first phase of the electricity link with Sudan by the end of this year, governments sources told Daily News Egypt (via Reuters). Roughly 91% of the drilling work for the...

Siemens, Iraq Sign Agreement for Electricity Reconstruction

The Iraqi Ministry of Electricity has signed a reconstruction agreement with Siemens to boost the country’s economic development including adding 11 gigawatts of power generation within the next four years, Pipeline O...

IRENA: Egypt Could Generate 53% Electricity from Renewables by 2030

Egypt could produce up to 53% of its electricity from renewable resources by 2030, saving the government up to $900 million each year, according to the International Renewable Energy Agency (IRENA). Research by the re...

Electricity Output Increased by 4.6% YOY in June: CAPMAS

Electricity production in Egypt jumped by 4.6% year-on-year (YOY) in June 2018, generating 18.1 megawatts per hour (MWh) compared to 17.3 MWh in June 2017, Egypt Oil & Gas reports. This is the highest rate of elec...

Electricity Sector Debts to Petroleum Sector Exceed EGP 110B

The Egyptian electricity sector’s debts to the oil and gas sector have risen above EGP 110 billion due to the fuel consumption at electricity generating power plants, petroleum sector sources told Amwal Al Ghad....

European Company Agrees to Provide $1.5B for EuroAfrica Interconnector Project: Sources

Egypt and Cyprus have reached an agreement with an unnamed European company to provide $1.5 billion to help finance the electricity transmission project between the two countries, informed sources told Al Mal. The sou...

Electricity Generation Increases 5.6% YOY in April 2018

Egyptian electricity production increased by around 5.6% year-on-year (YOY) in May 2018, generating 15 megawatts per hour (MWh) compared to 14.2 MWh in May 2017, Egypt Oil & Gas reports. The country’s electricity ...

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