Latest in Tag: electricity Highlight
Latest in Tag: electricity
Power stations boosting fuel consumption at expense of industrial sector: EGAS
Fuel station deficit worth 6m cubic metres of gas and equivalent daily

Industrial Development Authority to reclassify âenergy intensiveâ industries
IDA is looking to categorise factories by energy consumption in order to approve industry projects that do not need large amounts of electricity

1,300 MW addition to electricity grid in August may not end power outages: Energy expert
Energy expert Mohamed El-Sobky says if natural gas supplies to power stations do not increase, power outages will continue

Luxor considers establishing EGP 22m plant to generate solar electricity: Governor
Plantâs capacity would stand at 2 MW
Government needs more inclusive, transparent strategy towards subsidy cuts: Al Nour Party
Misr Al Qawia criticises decision, Al-Nour Party calls for transparency and improved methodology, while Socialist Popular Alliance proposes alternate

Al-Sisiâs economic orientation in his first month, and its influence
Measures to boost economy include reforming taxes and wages, adjusting prices and cutting fuel and electricity subsidies

âCatastrophicâ it is!
Amnesty International said last week that Egypt is witnessing a âcatastrophicâ decline in human rights. Indeed, human rights conditions in Egypt are currently a disaster, but the âcatastropheâ Egyptians are witnessing these days is all-encompassing. On Friday, the government announced an increase in fuel prices â a step every government has struggled to take and …

Sudden energy subsidies cut will create lower-middle class outcry: Economist
Government increased petroleum product prices Saturday after cutting subsidies
Finance ministry considers modifying system for cabinet wages: Minister
Ministry of Finance plans to submit bill to amend wage system for cabinet

Electricity subsidy increases come to pay value of fuel consumed by stations: Energy expert
The increase allocated to the ministry amounts to approximately EGP 14bn and will not be sufficient to pay the value of fuel after amending the price to $3 per million BTUs compared to the previous $1.85

Continued energy deficit amounts to 15m cubic metres daily: EGAS official
70% of Egypt’s gas production pumped to power stations through Ramadan, senior official says

Gas prices for foreign partners to be adjusted according to economic cost: Petroleum minister
âThe state will provide financial allocations to import gas for electricity through any possible means,â says Ismail

ABB targets sales increase to EGP 2bn by yearâs end
Swiss electrical hopes to raise sales in Egyptian market by 10% to EGP 2bn by the end of 2014

Majority of cabinetâs economic team reappointed
Abdel Nour to handle SMEs while Al-Araby takes on administrative development

Introduction of new gas wells will reduce power outages: Petroleum minister
A large part of foreign contracting for importing liquefied natural gas has been completed.
FY 2014/2015 state budget referred to presidency for approval
Budget witnesses major changes in health, education, electricity and petroleum products subsidies.

EGAS to sign for the delivery of 12 shipments of LNG this summer
EGAS president says shipments will meet electricity demand for two and a half months

EGAS to offer international tender to import gas needed for electricity
Egypt looking to secure gas supply during the coming years to keep its power plants running

Decision to use coal in cement industry is irreversible: Mehleb
Prime minister denies reports that Suez would be transferred to the authority of Cairo governorate

Plants need EGP 60m per day to keep electricity flowing this summer: Official
The government will rely on loans and grants from Gulf countries to fund the deficit, says head of the Egyptian Electric Utility and Consumer Protection Regulatory Agency

EGAS cuts 500m square feet of fuel from factoriesâ total needs
EGAS to no longer pump gas to EDCO factory

Ministers of Electricity and Petroleum apologise for continued power outages
Ministers call on Egyptians to reduce electricity consumption during peak hours
Ministry of Industry obliges governmental bodies to reduce electricity consumption by 20%
Industry minister says that starting next June, new air conditioning system will be adopted with the aim of rationing electricity consumption

PM seeks investors for power plant in Red Sea Governorate
Prime Minister attempts to find fast and unconventional solutions to address energy shortages

Preventing summer blackouts in Egypt is âimpossibleâ: Minister
Summer blackouts have hit Egypt in the past few years as successive governments have failed to develop a sound strategy

NGOs âdeeply dissatisfiedâ with decision to use coal as energy source
Four NGOs warn that decision will have âdevastating consequencesâ on health and economy

Government announces measures to stave off summer power outages
Natural gas will be imported address fuel shortage to power stations, cabinet says

Arab Fund for Economic and Social Development invests $412m in Egypt
AFESD allocates $200m to power station in Assiut, $162m to Egyptian-Saudi electricity linkage project

Ministries of Electricity and Petroleum form agreement for provision of alternative fuels
The electricity sector currently operates at 86% of its capacity, while maintenance and operating deficiencies account for the remaining 14%.

Electricity usage awareness campaigns to commence in May
The energy and electricity ministry aims to ration electric power consumption by 20%