Latest in Energy Highlight
Latest in Energy
Eni to increase investment in Zohr to $16bn
Company works on linking Zohr’s full production to national gas network by next July
EETC enters negotiations with Siemens to set tariff for180 MW wind power
German company to choose between El Sewedy, Orascom for implementation
Triple M aims to implement projects worth EGP 100m by end of 2018: chairperson
EPSCO aims to export 20,000 LED torches in Q1 2019
General Roads Authority refuses to bear cost of road adjustment in Benban
Estimated cost of requested road-adjustment ranges between EGP 83m and 95m
EGP 800m investment plan of north Cairo electricity distribution company: chairperson
Completion of installing 649,000 pre-paid, code electricity metres, connecting 128 solar energy stations
Agreement for export of Israeli gas between Dolphinus, private sector: Petroleum Ministry
International arbitration cases being waived
NBE signs MoU with AAST to finance emerging companies
Signing of this MoU comes as part of continued support of NBE to finance youth development, entrepreneurs, innovators
Egypt receives final LNG shipment, marking end of gas imports: Tarek El-Molla
Country aspires to become regional gas hub for LNG trading in eastern Mediterranean Sea
Egypt, Israel energy companies sign $518m deal to buy control of gas exports pipeline
The three companies signed a deal to buy a 39% shares in pipeline owner Eastern Mediterranean Gas Co., according to a statement released by Delek Drilling on Thursday
$3bn saved by Egypt’s gas importation halting in 2018/2019
State paid about $280m monthly, says source
EETC signs contract with ABB alliance to modernise Suez Canal’s area control centre for EGP 324m
Shaker explained that the modernisation of the regional control of the Canal Electricity area comes within the framework of the Egyptian Electricity Transmission Company’s plan to modernise some of the existing regional controls, namely in, Cairo, canal area, Upper Egypt, Alexandria, and to establish new regional controls in the Delta and Central Egypt.
Egypt’s gas consumption will rise to 9bn scf/day by 2020/21
Natural gas production increased domestically to 6.75bn scf/day
Government modifies contracting system with Siemens to establish wind energy stations for €2bn
New system is BOO instead of EBC Finance, negotiations ongoing to purchase produced energy
Daily exportation of 250m cubic feet of gas to Jordan electricity plant to be resumed in early 2019
Price of gas amended in new agreement with Amman, says source
Government responds to solar energy investors in Benban, pledges to eliminate obstacles to complete projects
Aswan’s governor met with security director and Hassan Allam to solve logistical and security issues: sources
Egypt to start pilot operation of electricity connection with Sudan in November
Project among talks between Al-Sisi, Bashir in Khartoum next month
Low price good indicator of attractiveness of projects in Egypt: Salmawy
Providing electricity with fixed tariff, competitive price of highest quality, says Zahran
Italian ‘CESI’ to be awarded consultancy for electrical connection between Egypt, Cyprus, Greece
We seek to complete agreement to implement the project, says Shaker
Egypt signs $1bn exploration deal, to drill 12 wells
Country’s oil, gas sector will continue in full swing, develop its resources, increasing production to meet domestic market needs, reduce imports
KarmSolar targets to conclude $100m worth of contracts by end-2018
Company agreed with valU to offer instalment services for household solar plants
Insight into qualification requirements for solar plants at net-metering system up to 20 MW
Companies will be classified based on their experiences, qualification certification valid for one project with specific
Egypt expects official $2bn compensation verdict in natural gas dispute
Ministry of Petroleum seeks to negotiate with UFG to resupply gas to Damietta liquefaction plant
Petroleum Ministry agrees with foreign partners to accelerate production of new discoveries
Adding 600 mcf/day by end 2018, says source
Shell to connect 100m cubic feet of gas from 9B phase to production in October
110m cubic feet decline in gas production from Borollos, Rashid fields, says source
Electricity Ministry negotiates Sinohydro in Ataka pumped-storage hydroelectricity plant
Artelia to attend discussions after two weeks, Exim Bank of China to finance
KarmSolar to raise EGP 500m EGP for expansion plan’s first phase
Attijari Finances to act as advisor, coordinator for Egyptian solar energy company
Eight companies apply for electricity production, distribution licenses
Applying companies include FAS Energy, Madkour EPC, Soltage
EGAS renews initial approvals for BB energy, Taqa, Energy Fleet for gas importation
Three companies have not submitted required information to obtain licenses, says source
Electricity Ministry sets maximum price of renewable energy at 2.5 cents per kWh
Five Arab, international companies compete to implement projects
Egypt to stop importing LNG mid-September
Zohr gas field to add 2bn cubic feet daily to Egypt’s production in 10 days