The agreement was signed in Nicosia in September 2018 in order to facilitate natural gas delivery from Cyprus to Egypt's liquefaction plants in Idku and Damietta.

The Egyptian parliament approved a loan agreement of around $131.79 million from the AFESD in order to develop the country's national electricity transmission grid.

The Egyptian Parliament has approved legislation to allow the Minister of Petroleum, Tarek El Molla, to contract with the Egyptian General Petroleum Corporation (EGPC) and Perenco North Sinai Petroleum to amend the exploration and production (E&P) agreement for the North Sinai offshore concession.

The Kuwait parliament has renewed confidence in Minister of Oil and Minister of Electricity and Water Bakheet Al-Rashidi in a vote at the National Assembly on May 10.

Egypt plans to develop refineries during the upcoming four years to decrease the import rate of petroleum products to 5%, compared to the current rate of 35%.

The Iraqi parliament voted on March 5th to create a national oil company that will handle the country’s energy sector.

Ministry of Electricity is planning to finish establishing the nuclear power industry regulator, and its working on appointing officials for it in January 2018.