Latest in Energy Highlight
Latest in Energy

Benban solar investors to decide on complex’s service management contract in January
According to a source from Benban solar park, Hassan Allam has the right to participate in the service management tender again, if its contract was not renewed. The company’s first contract was awarded in the period of construction and installation of the project which differs the future stages.

Cabinet abolishes unmetered connections, replaces it with temporary metering system
Distribution companies start receiving orders this month

Electricity Ministry aims to establish hydroelectric stations in Delta
Ministry chose seven sites eligible to launch the projects with capacities of 2-5MW

ZYFRA plans to implement similar projects to Intelligent Mine in Middle East in 2020
The use of smart mines, connected workforce, and enlightened operators contribute to improving safety practices and adding real commercial value to mining operations.

NREA conducts 40 product tests of imported solar cells over two months
Decision to compel importers to demonstrate the quality of the products before they are traded has not yet been implemented: Source

Parliament to discuss abolition of HPPEA in February
The government aims to assign the responsibilities of HPPEA to NREA

Electricity Ministry considers adding renewable energy offers to its 2035 Strategy
Arab, international companies offered to build new power stations with a total capacity of 5GW, says Shaker

GASREG lowers gas grid usage fees to stimulate investment in the sector: source
The decision dates back to March 2018, and is subject to annual review

Oil prices jump to highest level in more than 3 months, recording $68.66
Brent rise will not affect Egypt, thanks to hedging mechanism: Source

Egypt holds prices of petrol, diesel in quarterly reveiw
The committee also decided to keep the diesel price at EGP 6.75 per liter and hold the selling price of diesel tonnes for non-electricity and bakery uses at EGP 4250 per tonne.

Benban investors offer to pay EGP 700m to solve the cost-sharing dispute, pay remaining amount on instalments
EETC to set the value owed by companies in days, seeks to put interest on instalments

Egypt reduces gas exports via Idku due to instable Mediterranean navigation
Exports fell by 600m scf/day: Source

Egypt awards oil exploration concessions in Red Sea for first time
In February, the results of the geophysical data analysis in the Red Sea, carried out by Schlumberger in cooperation with Ganope, pointed out that there is a 70% chance for new natural gas discoveries.

NEEASAE considers exploiting its 13,000 sqm land in Damanhur
Company is studying the possibility of offering it to investors and establishing a mall for electrical products

EEHC studies draft contract for pumped-storage hydroelectricity station by Sinohydro in Ataka
Sources at the Ministry of Electricity told Daily News Egypt that the company Artelia, which is responsible for consulting the project, sent the final draft of the contract two weeks ago for approval.

Egypt signs four petroleum agreements for oil, gas exploration with investments worth $155m
Minister of Petroleum and Mineral Resources, Tarek El Molla stated that the first agreement is signed between the Egyptian General Petroleum Corporation and International Egyptian Oil Company (IEOC) for oil and gas exploration in the south-eastern Siwa concession area in the Western Desert, with a minimum investment of about $17m, allocating about $1.2m to drill four new wells.

Egypt to establish $1bn phosphoric acid production plant in Abu Tartur
The project to be established on an area of 560,000 sqm in New Valley governorate, says El-Molla

Tenders for Lekela wind farm’s logistics and electrical works start on 10 January
Siemens Gamesa assigned civil works of the project to Rowad Modern Engineering

Egypt produces 1,900MW solar energy over last five years: Cairo Solar
Several solar projects were implemented to run groundwater wells with a total capacity of 50-100MW, says Hatem Tawfik

Egypt’s electricity surplus exceeds 1,300MW on Monday
According to EgyptERA’s daily bulletin, the average CO2 equivalent emissions is 477.74 grams per kW/h.

High Dam electricity output reaches 1,750MW due to periodic maintenance
Overhauling two 350MW units, programme to be completed in May 2020

EGAS to add 3.2bn scf/day to local gas production by mid-2022
15 gas field development projects targeted within next three years: Source

Eni finishes gas production test of Zohr field’s last well
The project’s total production capacity will increase to 3.2bn scf/day next April, says source

Air France’s newest Airbus A350 to operate on Paris-Cairo route
This environmentally-friendly aircraft is equipped with 324 seats, 34 in the Business cabin, 24 seats in Premium Economy, and 266 in Economy.
This environmentally-friendly aircraft is equipped with 324 seats, 34 in the Business cabin, 24 seats in Premium Economy, and 266 in Economy.

Egypt exports EGP 1bn worth electricity to Jordan, Libya in FY2018/19
EETC is negotiating new 2,570MW renewable energy projects, says Mashaly

Egypt raises its gas exports to Jordan to 350m scf/day
We achieve higher economic return from exporting natural gas than liquefied gas: EGAS

French Legrand seeks to acquire Egyptian company for electric metres manufacture
We started discussions with two companies, and sales grew by 30% this year: Habila

Schneider Electric offers Egypt water loss management solutions up to 30%: Caspar Herzberg
Company aims to increase its exports by about 40% in 2020

Danfoss’ sales in Egypt exceed $15m, eyeing 30% increase in 2020: regional head
Company plans to make Cairo a regional hub for supplying refrigeration, heating solutions

How does Egypt plan to produce 42% of its electricity from renewables by 2035?
According to the 2035 strategy, Egypt will produce 61,000MW from renewables, of which 31,000MW solar power, 12,000MW CSP, and 18,000MW wind power