Funds | Egypt Oil & Gas
Equinor Wants UK Funding For 1.2 GW Low-Carbon Hydrogen Plant
In an effort to further reduce carbon emissions in northeast England, Norway’s Equinor has submitted a funding bid for the construction of a second major low-carbon hydrogen production plant, Reuters reported. A...
Shaker Praises Work of AfDB in Egypt
The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, met with a delegation from the African Development Bank (AfDB) to discuss the bank’s to support of Egypt energy sector, Amwal Al Ghad re...
ADFD Funds Egyptian Projects
The Abu Dhabi Fund for Development (ADFD) provided a total of $1.08 billion funds and concessionary loans to Egypt to be divided across 64 development projects, reported Amwal Al Ghad. The funds target projects for in...
Japan Supports Egyptian Electricity Distribution Companies
The Egyptian Electricity Holding Company (EEHC) secured a $243m loan from the Japanese International Cooperation Agency (JICA) to finance the automated control centers of the electricity distribution companies in Alex...
EU to Fund Egypt with $142m
EU’s Head of the European Neighborhood Policy and Enlargement Negotiations, Johannes Hahn, will sign a $142.17m funding package to support social and economic reforms in Egypt, as well as create job and supporting c...
Kuwait Fund to Finance Egypt-Saudi Power Grid
The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a loan agreement worth $98.7m to finance the power grid project between Egypt and Saudi Arabia, reported Amwal Al-Ghad. Egy...
Nigeria’s $20b Gas Pipeline Project Stalls, Fund Shortage
The $20 billion Trans-Saharan gas pipeline project through which Nigeria will transport natural gas to Europe is stalled over shortage of funds, New Telegraph reported. The project, which when completed, would transpo...Page 1 of 1
