energy crisis

  • Egypt Seeking to Resolve Energy Crisis by 2019

    Egypt Seeking to Resolve Energy Crisis by 2019

    Sunday, 5th June 2016
    The government has revealed the details of the program to completely resolve the energy crisis by the end of 2019, according to a government source.
  • All Fertilizer and Cement Companies to Shift to Coal

    All Fertilizer and Cement Companies to Shift to Coal

    Tuesday, 9th February 2016
    The Ministerial Economic Committee has agreed to broaden the use of coal as an alternative fuel for natural gas in all fertilizer and cement factories. The decision is expected to be gradually applied, as appropriate storage to accommodate the needed amount of coal venues have not been set, a source at the ministry of petroleum told Egypt Oil & Gas.
  • Sisi: Gas Shortages to Factories to End This November

    Sisi: Gas Shortages to Factories to End This November

    Monday, 2nd November 2015
    Egyptian President Abd Al-Fattah Al-Sisi, noted during yesterday's speech, that the country has been trying to resolve the energy crisis over the past year and a half, focusing on improving the electricity infrastructure.
  • Oil Ministry in Negotiations with IOCs for LNG

    Oil Ministry in Negotiations with IOCs for LNG

    Tuesday, 20th October 2015
    A source at EGPC revealed to Egypt Oil & Gas that negotiations with a number of foreign oil companies are underway to buy their share of liquefied natural gas (LNG) to meet the needs of power plants and factories suffering shortages during the current fiscal year.
  • Sherif Ismail: Gas Shortage in Egypt to End November

    Sherif Ismail: Gas Shortage in Egypt to End November

    Wednesday, 7th October 2015
    Chairman of the Federation of Egyptian Industries Mohamed El Sewedy said that the Egyptian Prime Minister, Sherif Ismail, has pledged to end the gas shortage suffered by factories by this November.
  • EGAS to Resume Gas Supply to Factories Gradually

    EGAS to Resume Gas Supply to Factories Gradually

    Tuesday, 29th September 2015
    EGAS still is refraining from supplying to MOBCO, Misriya 1 and 2, Nasr, Helwan, Alexandria, and APEC fertilizer factories thanks to the continued rising fuel demands of power plants, an EGAS official explained in statements made to Al-Borsa.
  • World Energy Council: Energy Crisis in Egypt Needs EGP 140bn

    World Energy Council: Energy Crisis in Egypt Needs EGP 140bn

    Wednesday, 5th August 2015
    Maher Aziz, member of the World Energy Council, said Egypt needs EGP 140bn (US$18.2bn) to solve its ongoing electricity shortages.
  • EGAS Stops Gas Supply to 78% of Fertilizer Factories During Ramadan

    EGAS Stops Gas Supply to 78% of Fertilizer Factories During Ramadan

    Wednesday, 1st July 2015
    The Egyptian Natural Gas Holding Company (EGAS) suspended gas supply pumping to 80% of fertilizer plants of dense fuel consumption in Egypt.
  • Unstable Gas Supplies Affect Ezz el Dekheila

    Unstable Gas Supplies Affect Ezz el Dekheila

    Wednesday, 1st July 2015
    Egypt steel producer Al-Ezz Dekheila Steel Company, owned by Ezz Steel, announced Monday it has registered EGP 116m in net losses in the first quarter (Q1) of 2015. The latest figures are down from the EGP 144m in net losses achieved in the corresponding period in 2014.
  • Egyptian Electricity Holding to Receive EGP100m from MIDB

    Egyptian Electricity Holding to Receive EGP100m from MIDB

    Monday, 20th April 2015
    Misr Iran Development Bank ( MIDB ) is working on inject EGP100m in an EGP1.5bn ($196.6m) financing for state-owned Egyptian Electricity Holding Company ( EEHC ).