Italy | Egypt Oil & Gas - Part 7
Sonatrach Boosted Gas Exports to Italy
Algerian Sonatrach boosted natural gas sales to Italy by 140% in the first ten months of the year as Algeria looks to bolster energy exports after years of stagnation, with exports expecting to grow further with a new...
Iraq Delayed Upstream Bid
Iraq’s Oil Ministry is postponing an upstream bidding round for 12 small and medium-sized oil fields across three provinces until mid 2017, reported Reuters. A statement for the the ministry said that there are essent...
Egypt Invested $5.49m in Solar Plant
The Egyptian Academy of Scientific Research and Technology (ASRT) will launch a new solar power plant in Sharkya governorate with investments around $5.49m in October. ASRT’s Chairperson, Mahmoud Sakr, stated ...
Morocco Got $38m towards Sustainable Energy
The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m financing facility to Banque marocaine du commerce extérieur...
Qatari RasGas Shipped First LNG to Italy
Qatar’s second largest LNG producer, RasGas Company, has shipped its first liquefied natural gas (LNG) cargo to the Floating Storage Regasification Unit (FSRU) Toscana, in Italy, reported Peninsula News. The FSR...
Iran Inks Solar Deals with Italian, Swiss Firms
A contract worth almost $44m has been inked with Italian and Swiss investors for building Iran’s biggest solar power plant in North Khorasan province, reported Trade Arabia. Managing Director of Energy Department of N...
Italy’s Enel to Exit Egypt’s Renewable Energy Market
Italy’s Enel Green Power has decided to withdraw its investments from the renewable energy market in Egypt and seek the compensations for the investments that were already injected in the sector, reported Daily News E...
Ministry of Petroleum to Expand Midor’s Refineries in 2019
The Egyptian Ministry of Petroleum and Mineral Resources seeks to invest $1.6b in a project that aims to expand the refining facilities of the Middle East Oil Refinery (Midor) in order to meet the domestic demand of p...
