Latest in Energy Highlight

Latest in Energy


Egypt’s energy future between reality and fantasies

Egypt is the second largest producer of natural gas in Africa after Algeria, yet Egypt’s power generation infrastructure is dependent on natural gas. More than 75% of the electricity generated in Egypt comes from natural gas plants. Egypt currently produces about 3.9bn cubic feet of gas per day and imports another 1-1.1bn cubic feet per …

Mohamed Samir

Unpaid dues to electricity ministry register EGP 1.2bn at end of December

The unpaid dues of business sector companies to the Ministry of Electricity and Energy amounted to EGP 1.2bn at the end of December. Sources from the Egyptian Electricity Holding Company (EEHC) said that the ministry suffers from a lack of liquidity, which may affect the electricity supply. They added that business sector companies, a number …

Mohamed Farag

How a fluctuating oil market is likely to impact Egypt

The oil market has been in decline for a considerable period of time, having experienced three consecutive years during which supply has outstripped demand. This has continued to drive prices down and created a depreciating marketplace, while forcing the intergovernmental Organisation of the Petroleum Exporting Countries (OPEC) to take decisive action.

Daily News Egypt