Electricity Ministry discusses financing 2nd phase of feed-in tariff with international institutions
Top financing banks include IFC, EBRD, GIZ, EIB, and AFDB
EGPC paid $480m of bank instalments to EDCO
The Egyptian General Petroleum Corporation (EGPC) paid approximately $480m in bank instalments…
3 companies, government to sign an agreement for purchasing solar energy generated electricity
A German finance institution agreed to finance the projects; arbitration in case…
Ministry is keen to support development of General Petroleum company: Tarek El Molla
The General Petroleum company drilled 23 new wells, adding new reserves estimated…
Eni, BP complete drilling of second well in South Baltim
Project’s production platform under preparation to link 350m cubic feet of gas…
Recovered Energy offers to modernise, enhance efficiency of 6th of October City’s power plant with $30m
The company will sell the energy for a 12-year period; the cost…
First solar-generated electricity plant to open 25 September: KarmSolar
Station considered to be first in Egypt, annually saving up to 600,000…
Shell discovers new gas field with reserves of 500bn cubic feet in the western desert
Royal Dutch Shell has discovered a new gas field (PTI - 2)…
Egypt, Cyprus sign deal to transfer Cypriot natural gas to Egypt via pipeline
The agreement will positively affect the development of the Cypriot Aphrodite field…
Oil, gas and the ‘long transition’ to a low-carbon economy
Oil and gas industry representatives are gathering in Norway for the biennial…
