The Egyptian Natural Gas Holding Company (EGAS) announced in its annual report for the fiscal year (FY) 2018/19 that it will launch a new international bid round during the FY 2019/20 on the western part of the Mediterranean Sea to attract more foreign investment.

Petroleum minister Tarek El Molla discussed Toyota's contribution to the Suez refining and petrochemical complex and the Assiut mazut refinery with the Japanese ambassador to Cairo, Takehiro Kagawa.

The Ministry of Electricity will announce on June 13 the winning consortium to build the 6,000-megawatt coal-fired power plant in the Red Sea port of Hamrawein.

The Egyptian Natural Gas Holding Company, the Ganoub El Wadi Petroleum Holding Company (Ganope) and Toyota have signed a $600 million agreement to purchase an offshore drilling rig capable of operating in deep water.

The Egyptian Minister of Petroleum Tarek El Molla has discussed Toyota's feasibility study for establishing a refining and petrochemical complex in Suez with company officials.

Toyota is in the process of gaining initial approval to import natural gas to sell to local factories.

Toyota, Orascom, and GD France alliance is waiting the New and Renewable Energy Authority (NREA) to complete the land allocation agreement for the Gulf of Suez wind farm.

Egypt called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Cairo, in order to complete the contracting on the Suez Gulf wind farm.

The Egyptian Ministry of Finance approved issuing a financial guarantee for a new 250MW wind farm in the Gulf of Suez to be granted to a venture between Toyota, Orascom and GD France.

The New and Renewable Energy Authority (NREA) will partner with Orascom Construction, Franc's GD France, and Japan's Toyota to establish a wind farm with a capacity of 250MW of electricity in the Gulf of Suez.