German | Egypt Oil & Gas

Egypt, Germany Mull Debt Swap to Finance Power Projects

Egypt and Germany discussed debt swap agreements to finance the construction of transformer stations and electricity interconnection lines. The projects aim to strengthen Egypt’s national electricity grid under the Ne...

ADNOC Successfully Completes the First LNG Shipment to Germany

ADNOC and RWE Aktiengesellschaft (RWE) jointly declared that the first shipment of liquefied natural gas (LNG) from Abu Dhabi in the UAE to the Elbehafen floating LNG terminal in Brunsbüttel, Germany, was successfully...

Rosneft Completes Acquisition of 37.5% Share in German PCK Refinery

In order to acquire Shell’s 37.5% part of the PCK (Schwedt) refinery, Rosneft used its pre-emption right. Relevant notifications have been shared with the partner. The transaction is subject to government and re...

El Molla Holds Meetings with German, Belgian, Bulgarian Counterparts at MEFED 2022

On the sidelines of the MENA Europe Future Energy Dialogue hosted by Jordan, Minister of Petroleum and Mineral Resources Tarek El Molla held a series of bilateral meetings with a number of European ministers from Germ...

Shell Sells Shares in Germany’s PCK Schwedt Refinery

Shell Deutschland (Shell) has agreed to sell its non-operating shares (37.5%) in the Germany PCK Schwedt Refinery to Alcmene GmbH, according to a statement. The related agreement is expected to be finalized in H2 of 2...

Pipe-Laying in Nord Stream 2 Resumes in Denmark

The Nord Stream 2 project’s consortium announced that the works of pipeline laying in the water of Denmark has been resumed, Reuters reported. This pipeline would double the capacity of the existing Nord Stream pipeli...

Linde Group to Proceed with Iran LNG Projects

German Linde Group has received green lights from Euler Hermes, a credit insurance company which would provide insurance coverage to enterprises operating in Iran, to proceed with liquified natural gas (LNG) projects ...

Jordan to Get First Nuclear Plant

The Jordan Atomic Energy Commission’s (JAEC) Chairman, Khaled Toukan, declared that the country’s first nuclear power plant, worth $10b, will be operational by 2025, once  the remaining $7b in financing is...

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