energy | Egypt Oil & Gas - Part 13
Morocco to Launch Natural Gas Project Worth $4.6 B
Morocco will launch a tender for companies to establish a $4.6 billion natural gas project, Moroccan Energy Minister, Aziz Rabbah, stated, according to Bloomberg. The project is set to generate 2,700 MW of electricity...
Egypt Approves a $648 M Deal with EU
Egypt’s government approved signing three vital international agreements, including around $647.83 million deal with the European Union (EU). The deal aims at supporting legislative reforms, social security, and finan...
Nasr: World Bank Financing of Energy Sector Hits $4B
The World Bank has provided the Egyptian energy sector with $4 billion in financing, according to the Minister of Investment, Sahar Nasr, Amwal Al Ghad reports. The funding includes $3 billion to support economic refo...
Turkey to Reach 11bcm Gas Storage Capacity by 2023
Turkey is aiming to boost its annual natural gas storage capacity to reach around 11 bcm by 2023, the country’s Energy and Natural Resources Minister, Berat Albayrak, said, according to Türkiye. It worth noting ...
Egypt’s Government Finalized the Energy Strategy
Egypt’s government completed preparing its energy strategy and is set to implement it starting next year, in coordination with the Ministry of Petroleum and Mineral Resources and the Ministry of Electricity, Dai...
Algeria Not to Exploit Shale Gas
Algerian Energy Minister, Noureddine Bouterfa, announced that the country will not exploit shale gas in the short term. As he explained, Algeria already has enough quantities of other natural resources, which includes...
China’s GEIDC Aiming to Invest in Egypt
China’s Global Energy Interconnection Development Corporation (GEIDC)’s Chairman, Liu Zhenya, told Egypt’s Electricity Minister, Mohamed Shaker, during a meeting in Cairo, that GEIDC is looking to in...
ERC Completes More than 92% of Main Project
Managing Director of the Egyptian Refining Company (ERC), Mohamed Saad Ibrahim, said that the company has completed more than 92% of its main project, noting that the company is a major energy producers in Egypt. He...
