Latest in Energy Highlight
Latest in Energy
Egypt, Saudi Arabia set schedule for implementation of electricity link next month
Consultant to be selected for marine survey of cable track before end of August
Rosatom to hold forum for suppliers, contractors of Dabaa nuclear plant in Egypt next October
Russian Rosatom Corporation will be holding a forum for the suppliers and contractors of the Dabaa nuclear plant on October 8
“We are studying offers from international companies take over power plants”: Prime Minister
The meeting was attended by the Minister of Electricity and Renewable Energy, Mohamed Shaker
Prepaid gas metres to be used for 1st time before year-end: El-Molla
Gas delivery to 21.1m housing units completed this FY
Argentina, Uruguay suffer massive power blackout
Blackout affected around 50 million people
Arbitration agreement with Israel settled for $500m, allowing export of its gas via Egypt
Repayment of monthly instalments to compensate arbitration from proceeds of Tel Aviv gas: Source
EEHC to complete analysis of power control centre offers in 3 weeks
Siemens, GE, Schneider Electric competing for implementation
Egypt targets gasoline deficit of 3.8% in FY 2019/20
Surplus of jet fuel production 3.43m tonnes in next FY, says source
El Sewedy acquires Greek RF Energy for €55m
NBG funds 75% of deal expected to be sealed end-June
El-Molla discusses investment expansion with Total, Axens CEOs in Paris
“The opportunities in the field of natural gas in Egypt are the most attractive in the world, and they reflect the increasing investor confidence in the Egyptian economy,” Boyan added.
EETC to implement EGP 19.5bn worth of projects in FY 2019/20
The of the Egyptian Electricity Transmission Company (EETC) is seeking to implement projects with the budget of the fiscal year (FY) 2019/20 with investments up to EGP 19.55bn.
Government reviews oil hedge rates after sudden fall in oil prices
State budget bore $5 difference in price of barrel for JP Morgan, Citibank
Petroleum Ministry aims to develop 11 gas projects with $18bn investments until 2023
New gas discoveries will contribute to connecting 2bn scf/day to national grid, says source
Egypt prepares site of Dabaa nuclear energy station to start executive work
Industry Localisation Committee approves 183 companies to participate in project
Siemens Gamesa approaches seizing Lekela power wind station in Ras Ghareb
Selecting between El Sewedy, Orascom to participate in product launch: Sources
Zohr field production to increase to 2.5bn cu ft of gas daily next July
Drilling well number 11 in project will add 200m cu ft to production: sources
Siemens, Egypt sign agreement to supply country’s 1st digital power transformer
Siemens has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to supply the country’s first digital power transformer, Sensformer, according to a press statement on Monday
EEHC establishes joint stock company for training
Investments of FY 2019/20 projects to reach EGP 53bn
Rosatom signs contract to build 2 nuclear reactors in China
A package of strategic agreements was signed on 8 June 2018, during the official visit of Russian President Vladimir Putin to China.
EETC poses 3 tenders for construction of transformer stations in New Valley
EGP 7.5bn to complete plan to strengthen, expand high, ultra-high voltage networks
Sharq El Owainat to be linked to electricity grid next month
The Egyptian Electricity Transmission Company (EETC) is preparing to receive newly established electricity pylons that will link the Balat substation with Sharq El Owainat in the New Valley governorate next month
Scatec Solar finalises 50MW solar plant in Benban
Scatec Solar has completed the implementation of a 50MW solar power plant as part of the second phase of solar energy feed-in tariff project in Benban, Aswan
Government aims to cut fuel subsidies to 1.7% of GDP in FY 2018/19
Expenditures to improve public services this FY amounted to EGP 182bn, says petroleum ministry
Intro Energy to launch $100m energy projects in 3 years
Intro Energy is planning to launch several projects to produce electricity from renewable resources with investments of $100m within 3 years
Egypt allows Eni, BP to export gas through Idku liquefaction plant
Development agreements of Zohr, North Alexandria allow foreign partners to export gas after government’s approval
Delek Drilling aims to start gas sale to Egypt by end-June
Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas fields Tamar and Leviathan, signed with the Egyptian company Dolphinus Holdings two 10-year agreements, worth $15bn, in February 2018 to export Israeli natural gas to Egypt.
Government settles negotiations with Siemens Gamesa to establish €2bn wind farms
Company to sell production at 3.2-3.4 piasters per kw/h
Eni completes gas processing plant with capacity of 3.2bn scf/day
Project’s investments are estimated at $5bn, says source
Electricity billing: metre reading and fees collection
Moreover, she explained that the unified reading system reviews the consumption data before issuing bills in order to avoid any mistake. All data and readers are also monitored by the system.
Crude oil price rise to $70.16 on back of OPEC cuts
Brent crude rose by 5 cents, or 0.1%, to $70.16 a barrel, while US West Texas Intermediate (WTI) was up 50 cents, or 0.8%, at $59.12.