President Sisi

  • Sisi: Egypt to Achieve Natural Gas Self-Sufficiency by 2020

    Sisi: Egypt to Achieve Natural Gas Self-Sufficiency by 2020

    Monday, 30th July 2018

    President Abdel Fattah El-Sisi affirmed on July 29 that Egypt would achieve natural gas self-sufficiency and a surplus by June 30, 2020.

  • Egypt to Get $3b Financial Package from South Korea

    Egypt to Get $3b Financial Package from South Korea

    Tuesday, 8th March 2016
    South Korea will provide Egypt with a financial package worth $3b for export credits and to develop infrastructure in the energy, water resources, and transport sectors, the Egyptian presidency announced.
  • Egypt, Russia Finalize Nuclear Plant Deal

    Egypt, Russia Finalize Nuclear Plant Deal

    Sunday, 22nd November 2015
    The Egyptian and Russian governments signed a final agreement to build a nuclear plant in Dabaa, Egypt on November 19th.
  • Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt

    Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt

    Monday, 31st August 2015
    The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company's deepwater mega-gas find in the Shorouk block in the Mediterranean Sea. The discovery holds a potential of 30 tcf of gas and 5.5 bboe, covering an area of about 38.6 square miles (100 square kilometers).