power station | Egypt Oil & Gas

Iraq to Export Fuel to Lebanon in 2021

Iraq will begin exporting fuel to Lebanon in 2021 using global prices, Iraqi Oil Minister, Ihsan Abdul Jabbar Ismail, stated.

The New Pricing Indexation Mechanism Boosts Electricity Investments

Applying the power pricing indexation mechanism will boost the energy investments and increase the production in Egypt.

UAE Completes $100M Power Station in Yemen

The UAE has built a 120 MW, $100 million power station in the Yemeni port city of Aden.

Eskom’s Kusile Unit 1 Close to Commercial Operation in S Africa

South Africa's power utility Eskom announced that Kusile power station’s Unit 1 reached its full 800MW load-generating capacity early March after its initial synchronization in December 2016.

Europe Invested $650m In Power Plant Upgrades

Egyptian Minister of Investment, Dalia Khorshid, witnessed the signing of a loan with BNP Paribas worth $650m for the development of two power stations in Assuit and west Damietta.

Mozambique to Build Combined Cycle Power Plant

Mozambique’s Minister of Mineral Resources and Energy, Leticia Klemens laid the first stone of the combined cycle natural gas power station in Maputo.

Tunisia, Saudi Arabia Sign Power Plant Agreement

Saudi Arabia and Tunisia signed an agreement for the construction of a power project in Monragia, Tunisia, co-financed by the Islamic Development Bank by some $200m.

EDEPC to Invest $125m in Upgrading its Stations

East Delta Electricity Production Company (EDEPC) is working on obtaining a loan worth $125m, which will be used to upgrade the company's power stations.

Electricity Ministry to Add 3,600MW in Summer

The Ministry of Electricity plans to add 3,600MW of electrical energy next summer to overcome growing electricity consumption, according to Electricity Minister Mohamed Hamed Shaker.

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