Rise in electricity prices not related to IMF loan: Shaker
Electricity budget is marked at EGP 52bn for the fiscal year 2016/2017,…
Average collection rate of July electricity bills hit 90% before increase
Shaker is announcing the new tariff at a press conference in the…
NREA prepares tender for 20MW-capacity solar power plant in Hurghada
JICA has proposed to finance the project, which was presented to parliament…
Why did power companies agree to local arbitration for cost-sharing agreement but refuse it for power-purchase contracts?
Minister of Electricity Mohamed Shaker's recent remarks against power companies have incensed…
Repayment period for gas shipments, petroleum products increased to 3 months from arrival: El-Molla
All concluded products with foreign companies were modified in order to provide…
Investments by foreign companies reach $8.5bn during current FY: Minister of Petroleum
$3.8bn investments of BP in Atul field for producing 300m cubic feet…
Is pressure for Egypt’s reform coming from the IMF or from oil prices?
While the IMF conditionality is the focus of the reform agenda, oil…
Petroleum Ministry to rerun ADCO and Damietta liquefaction factories by 2020/2021: minister
The ministry agreed with Shell to adjust the 9B gas prices and…
Ministry of Electricity owes Siemens €350m for maintenance, power plant upgrades
German company Siemens has maintained and upgraded a number of production…
3 electricity projects subject to minister’s decision on ‘arbitration’
The companies include ACWA Power, Al-Nowais, and Toyota’s alliance to establish plants…