Cabinet Approves EGP 37b Loan for Power Grid Capacity

• Sunday, 12th February 2017
• by Dr. Mahinaz El-Baz

The Ismail cabinet reportedly signed off on EGP 37b in loans to the Egyptian Electricity Transmission Company (EETC) to fund expansions to absorb a production capacity of 18GW by 2018. The National Bank of Egypt will ...

Update: Floating LNG Terminals Receives Third LNG Shipment

• Sunday, 17th May 2015
• by Egypt Oil & Gas

The third LNG shipment was offloaded onto the floating storage and regasification unit (FSRU) in Ain Sokhna. The entire shipment will be fed into the natural gas national grid. This comes as part of the petroleum sect...