Latest in Tag: energy Highlight
Latest in Tag: energy

Mozambican President Nyusi visits NWRC, discusses boosting bilateral cooperation
Egyptian irrigation minister briefed Nyusi on NWRC departments

Electricity Ministry pays EGP 33bn of debt to Petroleum Ministry
Finance Ministry increases EEHC capital by EGP 2.7bn

NREA to receive construction offers for Gulf of Suez wind power station in July
Technical evaluation of Siemens Gamesa, Vestas, Senvion tenders are completed, says Al-Khayat

Oman reduces import of Egyptian gas to 75m scf/day
A source at EGAS told Daily News Egypt that the quantities needed by the Jordanian side during the current period range from 75m to 150m scf/day

“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

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

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.

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

We seek to implement projects with Egypt in health, energy fields: Japanese ambassador
Japanese companies interested in investing in 5 sectors, notably education, industry

Finance Ministry targets $1bn worth financing for energy sector
Ministry, JICA to ink MoU for future cooperation in health, energy

Egypt saves $350m by improving energy efficiency: Petroleum Ministry
Joining World Bank’s Zero Routine Flaring by 2030, says source

Egypt seeks to achieve integration with Africa in energy field: Electricity Ministry
Since taking over the presidency of the African Union (AU), Egypt has been actively working on a comprehensive vision to achieve integration among African countries, especially in the energy field, Egypt’s Electricity Ministry spokesperson, Ayman Hamza, said. He told DNE that the second ordinary session of the African Union (AU) Specialized Technical Committee on Transport, …

Benban solar park to be linked to national grid by September: NREA head
Finalising regulations of organising sale of electricity directly to consumers soon

Risk of energy price shock, unemployment top MENA risks landscape: WEF
Perception of insecurity remains concern in region