EU to Loan Egypt $74m to Connect Households to Gas Grid

• Tuesday, 3rd November 2015
• by Egypt Oil & Gas

Egypt has signed a loan agreement with the EU for $74.5m (EUR 68m) to help finance a number of projects for the delivery of natural gas in Egypt, especially to poorest areas, reports Egypt Oil & Gas.

Egypt to Connect 2m Households to the National Gas Grid by 2017

• Wednesday, 21st October 2015
• by Egypt Oil & Gas

A source in petroleum ministry revealed to Egypt Oil & Gas the national plan for delivering natural gas to households until the end of 2017, which includes 2m households in 26 governorates.

TAQA Arabia, EGB Strike A Deal to Finance National Gas Project

• Tuesday, 20th October 2015
• by Egypt Oil & Gas

TAQA Arabia announced in a press release that it has reached an agreement with the Egyptian Gulf Bank (EGB) over financing the project connecting household units and businesses to the national gas grid. The agreement ...

Egypt to Receive $500m Loan from World Bank to Expand Natural Gas Grid

• Sunday, 26th April 2015
• by Egypt Oil & Gas

Egyptian President Abdel-Fattah El-Sisi ratified a $500m loan agreement with the World Bank to fund the expansion of the national natural gas grid, where 1.5m households will be added to the grid.