Latest in Energy Highlight
Latest in Energy

Irrigation Ministry allocates EGP 184m to convert New Valley wells to work with solar energy
The Ministry of Water Resources and Irrigation aims to convert 115 sewage wells in the New Valley governorate to work on solar energy instead of diesel, at a cost of EGP 184m. Ragab Abdel Azim, first deputy minister of water resources and irrigation, said that the ministry has managed to convert 75 wells to work …

$3.5m grant from Global Environment Facility to fund small solar energy projects
Hend Farrouh, the manager of Small Solar Energy Projects Systems, said that a project related to the solar energy systems connected to the grid is currently under implementation, in order to support the use of solar cells smaller than 500 kW, especially decentralised generation plants installed on roofs of residential, public, and commercial buildings, as …

Electricity Ministry prepares to launch bids for solar, wind energy plants with 600-MW capacity
The Ministry of Electricity is preparing to launch new and renewable energy projects in cooperation with the private sector, using the system of bids, with a capacity of 600 MW. Ehab Ismail, the head of the technical affairs department within the NREA, said that the projects will be launched in several phases. Each phase would …

TCK Solar wins Kom Ombo solar plant tender
Price set at 3.3 cents per kW

BP, EGPC sign $46m agreement for oil, gas exploration in Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) signed an agreement with the energy giant British Petroleum (BP) to explore and produce oil and gas in the northeast of the Ramadan concession in the Gulf of Suez with investments of $46m. The agreement was signed by the CEO of the EGPC, Abed Ezz El-Regal, and BP’s regional …

Electricity companies collect EGP 100m to deliver energy to Bashayer El-Kheir 2, 3
Launch of a fund to contribute to financing of civil development projects, sources state

Interconnection project with Sudan to kick off in December
Larsen & Toubro will execute lines worth EGP 450m

EGMAC awarded construction of five power transformers at EGP 1.1bn
Signing contracts with NUCA next month, says chairperson

Arrears owed to foreign partners to be fully repaid by end 2019: Minister of Petroleum
No approvals have been granted to the private sector to import gas so far

Final agreement with Cyprus for gas transport to Egypt due to be signed soon
The signing of a final agreement between Egypt and Cyprus to transport Cyprus gas to Egypt is due soon. The project aims to transport gas through the construction of a pipeline to transport gas from the Cyprus fields to Egypt to achieve the mutual benefit of the two countries through the exploitation of the infrastructure …

Zohr gas field production to reach 2bn cubic feet per day by September: Eni
Egypt to reach self-sufficiency by year’s end, says El-Molla

Egypt likely to resume natural gas exports to Jordan in January 2019
Jordan will resume pipeline gas imports from Egypt through the Arab Gas Pipeline (AGP) in January 2019, an unnamed Jordanian government official told Hellenic Shipping News. Egyptian state-owned EGAS had been planning to resume pipeline exports to Jordan in 2019, and in March, Egypt’s Petroleum Minister Tarek El Molla announced that the exports will resume …

JICA funded Gulf of El Zayt power plant project with about $350m
Japanese agency’s electricity portfolio in Egypt includes 17 projects with about $2.1bn

Monthly oil and gas import bill falls to $550m: Petroleum minister
Egypt achieves self-sufficiency of gas by end of 2018, says El-Mulla

Lightsource BP enters solar energy joint venture with Hassan Allam
Exciting potential in Egypt following country’s economic recovery says CEO, founder of Lightsource BP

Turning Egypt into a regional energy hub is one of most important pillars for developing petroleum sector: El Molla
Minister of Petroleum and Mineral Resources Tarek El Molla said that the project to turn Egypt into a regional hub for the trade of gas and petroleum is considered one of the main work programmes within the project to develop the petroleum sector currently implemented by the ministry, in accordance with the sustainable development strategy …

EETC signs contract worth EGP 91m with Sieyuan for rehabilitation of Esna substation
EETC contracted with ELMACO to supply 51 transformers

EGPC to provide 15,000 tonnes of LPG daily in market
The CEO of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El-Regal, said that the country’s production of liquefied petroleum gas (LPG) reached about 15,000 tonnes per day in the local market, which fulfils the state’s needs, specifically commercial and household consumption. He added that the state is keen to meet the local market’s needs …

EEHC considers establishment of two water pumping, storage plants for $5bn
Company will contract with Sinohydro to implement Ataka power plant next month

Voltalia plans to invest $800m in renewable energy projects in Egypt
We aim to establish solar power plants, wind farms with capacities up to 800 MW, says regional director

Kirloskar Group to bring in anti-fire water pumps for Zohr field
Mohammed Hassan, director of SPP Pumps (MENA) LLC, affiliated to Kirloskar Group, said that his company will bring in anti-fire water pumps for the Zohr field worth EGP 64m, noting that the company has already sold six pumps for the projects and is expected to sell the rest of the pumps within the next six months. Kirloskar Group is an Indian …

EGP 6bn allocated for operation, maintenance of three Siemens power plants
EGP 4bn in savings after stopping renovation programme of production units, states sources

Subsidy cuts, renewables top Egypt’s utilities provision plan: OBG
The Egyptian government has been on a constant move to lessen the burden of utilities provision on state spending, implementing a series of subsidy cuts amid ongoing economic reform programme adopted by the authorities and backed by the IMF, according to an Oxford Business Group report issued on Wednesday. In June, former Prime Minister Sherif …

Egypt is keen on boosting cooperation gas-producing neighbours, including Israel
Gas will be peacemaker in region, says petroleum minister

KfW allocates €30m to establish small hydropower stations
HPPEA receives offers to cover canals, banks with solar panels

Eni announces second oil discovery in Faghur Basin in Egypt’s Western Desert
The Italian Eni announced a second light oil discovery in the B1-X exploration prospect located in the South West Meleiha license in Egypt’s Western Desert, some 130 km north of the Siwa Oasis. The well is the second one drilled by Eni to explore the deep geological sequences of the Faghur Basin. The SWM B1-X …

Egypt’s fuel imports value increases to $4bn within 4 months
Egypt’s fuel imports value rose to about $4bn from January to April 2018, compared to $3.9bn during the same period in 2017—an increase of $124m. The Central Agency for Public Mobilisation and Statistics (CAPMAS) reported that the value of the country’s crude oil imports during the first four months of the year amounted to $1.15bn, …

Egypt’s production of LPG increased by 31,000 tonnes within 4 months
Abed Ezz El-Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), said that the country’s production of liquefied petroleum gas (LPG) increased by 31,000 tonnes within the first four months of this year to reach about 626,000 tonnes. This hike in butane production came as a result of the development of a number of production …

Triple M Construction plans to supply 1,000 remote homes with new, renewable energy
Company created a hybrid system that operates 24 hours a day in places that are not connected to national grid

Government approves tariff for purchase of energy produced from waste
EEHC sends directives for distribution companies, price at EGP 1.03 per kW