parliament | Egypt Oil & Gas - Part 2

Egypt to Establish Nuclear Power Regulator in January

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

El Sisi Signs the New Gas Regulatory Law

Egyptian President Abd El Fattah El Sisi approved a new law today to govern the Egypt’s gas market.

Parliament Approves Guarantees for MIDOR and ASORC

The Egyptian Parliament approved the guarantees offered by the Ministry of Finance for MIDOR and ASORC's $2.6b fund.

Egypt to Set New Nuclear Construction Law

The Egyptian Parliament will discuss a new law of 19 articles to regulate nuclear plants construction in Egypt.

Egypt Reviewed Fuel Subsidy Budget Allocations

The Egyptian Ministry of Petroleum and Mineral Resources is reviewing fuel subsidy allocations for fiscal year 2016/2017 to decide on the amount it will be requested to increase the budget allocation.

Egyptian Parliament to Discuss New Gas Law

The Energy Committee at the Parliament will start holding discussions on the new Gas Regulatory Law in mid December.

Parliament to Review New Gas Law

The Legislations Department at Egypt's State's Council will submit a draft for the new gas distribution law along with a draft for the tenders and bidding law to the Egyptian Parliament early December.

Egypt Approved Oil,Gas Exploration Licenses

The Egyptian Parliament's Energy and Environment Committee, in accordance with the committee for Constitutional and Legislative Affairs, approved 6 new exploration oil and gas agreements.

World Bank Set to Provide Egypt with First $1b of $3b Loan

The World Bank is to provide the first $1b tranche of a $3b loan to Egypt after parliament approves the government's economic program, World Bank Vice President, Hafez Ghanem, announced at a news conference.

Iran MPs Want to Raise Gasoline Rate

Iran’s Parliament has approved a proposal to increase the rate of gasoline in the budget bill for the next calendar year of 1394 (to begin 21 March 2015).

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