Latest in Energy Highlight
Latest in Energy

Toyota-Orascom-GDF alliance to complete Gulf of Suez wind farm by October
Renewable energy projects attract international companies to invest in Egypt, says El-Khayat

Electricity Ministry negotiates State Grid, Siemens, IBB to establish control centre in NAC
Talks with Egyptian, international companies to implement integrated system of electricity meters: Sources

Triple M, Tafila Technical University discuss maximising local component in renewable energy
Hatem Al Romy, chairperson of Triple M, reviewed the company’s activities and its role in implementing many projects in Egypt and Jordan and its efforts to benefit from research and science to serve the community development, in addition to localisation of technology.

SOLshare wins first prize in Siemens Stiftung’s competition to empower people
Project aims to use solar energy to face electricity shortages

Egypt’s average consumption of gas to score 6.39bn scf/day in 2019/20
Surplus of local production will be exported through factories, Jordan line: Source

EEHC delays coal-fired plant due to production surplus
AlNowais wants project, awaits government decision: Sources

Egypt implements 7 refinery projects with $8.031bn in investments: El-Molla
Refineries have pivotal role in transforming Egypt into regional energy hub, says Petroleum Minister

Financial bids for tender solar station construction in Zaafarana to be received 25 July
Nari, Vikram, B Electric qualified…Elecnor, TSK excluded

Egypt begins implementation plan to replace 28.8m electricity meters with bill system
Prepaid counters installed to provide liquidity, obtain depreciation value

Eni aims to drill 9 new development wells in Zohr field by 2020
Project production increased to 2.5bn feet by the end of this month: Source

Egypt opens 1st phase of “Concentration, Extraction of Black Sand Minerals” in Rasheed
Chinese companies received equipment in return for 30% of raw material for 5 years

Electricity subscribers pay reduced bills for rotational load shedding
The positive aspect of this method is that subscribers would pay reduced bills in return.

Reconciliation in cases of electricity connection without metres to continue, yet regulating is necessary: Electricity Ministry
He added that the General Directorate for Electricity Police will write reports for electric thefts alongside imposing fines and jail time.

Infinity Solar fully operates its 133MW power plants in Benban
Hesham El Gamal, director of public relations and communications of the company, told Daily News Egypt that the projects they implemented, operated, and linked to the grid include Phoenix, Bseb, and MMID stations.

Metito inaugurates desalination plant in Al-Arish worth EGP 1.6bn
“We seek to implement projects and sell desalinated water to the government”: Madour

New offers from Arab, international companies to launch 2,150MW wind farms
American, Chinese, German, Saudi institutions seek to establish projects in Egypt

Egypt aims to speed up electrical interconnection with Cyprus, Saudi Arabia
Projects will exchange 5GW between contracting countries

Egypt still subsidises 15% of fuel in local market: official source
Fuel prices to be reviewed quarterly according to crude oil prices in hedging contracts

Egypt slash fuel subsidies raising petrol and diesel prices by 25%
New price for octane 80 petrol, diesel set at EGP 6.75, octane 92 petrol EGP 8, LPG cylinder to EGP 65

Delek announces postponing gas export to Egypt until end of year
Measures to import gas from Israel completed; Calcalist confirms company did not get regulatory approvals from Tel Aviv, saysindustry source

Electricity companies start to apply new tariff, expected to yield EGP 920m in July
Shaker directs heads of distribution companies to raise collection rates, review invoices before issuance

Egypt to start trial operation of electricity interconnection with Sudan at 60MW capacity
Shaker said that the trial operation will start as soon as possible to exchange of 50-60MW, stressing that Egypt is ready to provide technical support to Sudan in particular and to African countries in general in the field of power projects.

Egypt aims to export $2bn worth of gas FY 2019/20
Linking North Alexandria, Zohr, Borolos fields raises local production, says government source

Egypt fixes tariff for solar power plants usufruct rights at 2% of production
Six companies approached signing of contracts with governorates to establish stations worth $400m

BP to link 250m scf/day of gas to production from Giza, Fayoum this week
Total production of two fields in Mediterranean Sea is 680m scf/day per day

Mozambican President Nyusi visits NWRC, discusses boosting bilateral cooperation
Egyptian irrigation minister briefed Nyusi on NWRC departments

EETC allocates EGP 9.8bn to implement strategic projects for transfer of electric power
Projects include Bord El Arab, Oweinat, south east coast lines

Electricity Ministry pays EGP 33bn of debt to Petroleum Ministry
Finance Ministry increases EEHC capital by EGP 2.7bn

NREA to receive construction offers for Gulf of Suez wind power station in July
Technical evaluation of Siemens Gamesa, Vestas, Senvion tenders are completed, says Al-Khayat

Oman reduces import of Egyptian gas to 75m scf/day
A source at EGAS told Daily News Egypt that the quantities needed by the Jordanian side during the current period range from 75m to 150m scf/day