Ministry of Electricity | Egypt Oil & Gas - Part 9

Egypt Studies State-Owned Oil Companies for IPO

Minister of Petroleum Tarek El Molla told Reuters that the Egyptian Ministry of Investment is to study the suitability of listing eight state-owned oil companies on the Egyptian Stock Exchange or share issuance.

Egypt’s Power Plants’ Gas Consumption Increases to 3.4bcf/d

Egypt’s Power plants’ consumption of natural gas has increased to 3.4bcf/d over one week in mid July, up from 3.3bcf/d, due to the country’s high summer temperatures.

Egypt to Witness Increase in Electricity Prices

The Minister of Electricity and Renewable Energy, Mohamed Shaker, has announced that a slight increase in the prices of electricity will be witnessed during the first three segments of consumption. Later on the price ...

Electricity Ministry Negotiates Benban Projects

Egypt’s Ministry of Electricity and Renewable Energy is currently negotiating, with four consulting firms, the construction reports of four energy substations in Benban, Aswan.

EETC to Collect 3rd Aswan Solar Energy Installment

The Egyptian Electricity Transmission Company (EETC) has addressed the solar energy companies’ investors in Aswan to pay the third installment of the EGP 10m cost-sharing agreement that links the solar power plants w ...

Electricity Ministry Studies Offers for National Grid Maintenance

The Ministry of Electricity has received five offers from Arab and international companies for the maintenance of components of the national electricity grid, said Egyptian Electricity Holding Company (EEHC) Chairper ...

GE Claims $148m from Egypt’s Electricity Ministry

General Electric (GE) company asked the Egyptian Electricity Ministry to pay $148m in return for the overhauls and maintenance operations the company had carried out on production plants over the past six months.

French Investments in Egypt to Increase by 10% in 2017

The Egyptian-French Business Council expects French investments in Egypt to increase by 10% in 2017.

Electricity Ministry Requests Greater Financial Support to Pay EGPC

The Ministry of Electricity has sent an official letter to the Ministry of Finance requesting an extra EGP500m per month to be able to better pay its debts to the EGPC.

Ministry of Electricity: No Usage of EPC+ Financing

The ministry of electricity has ceased the negotiations conducted on implementing projects on EPC+ finance basis, reported Al Mal.

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