Latest in Energy Highlight
Latest in Energy
The complex, worth investments of $450m, is a vital project in the ministry’s refining and industrialisation strategy as part of the sustainable development plan for Egypt’s Vision 2030. The strategy aims to secure fuel supplies both for the local market and development plans for Upper Egypt.
Al-Sisi’s remarks came during a meeting with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Tarek El Molla.
Egypt’s first nuclear reactor is expected to be connected to national grid by 2026 end or early 2027, says Minister Mohamed Shaker
The company however, will continue to retain its onshore and offshore exploration concessions El Matariya (Block 3) and North El Arish (Block 6).
Government negotiates with foreign investors to establish new renewable energy projects with capacity of 2,000 MW
Fuel prices currently stand at EGP 6.25 per litre of octane 80 petrol, octane 92 petrol stands at EGP 7.5 per litre and at EGP 8.50 per litre of octane 95
Exposure to prolonged low oil prices for NOCs in countries relying on oil exports to cover public spending, such as GCC, will be particularly at risk
Participants in discussions are demanding speeding up of procedures and for laws to be passed
List of interested parties includes Vestas, Siemens Gamesa, and Orascom
The NREA announced that a session to open the technical envelopes will be held on 11 October, with a further session to be held to discuss bidder inquiries next Thursday.
Companies demand review of decision controls, submit proposals for continuation of projects
The requests covered all nine of Egypt’s electricity distribution companies nationwide, including the Canal, Upper Egypt and Central Egypt electricity distribution companies.
The two companies have also signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three further solar parks, also located in the Benban Solar Park. The three solar parks have a combined volume of 166.5 MWp.
Proposed electric bus tariff set at 100 piasters kW/hr for medium voltage, 121.3 piasters kW/hr for low voltage
The charter was signed on Egypt’s behalf by Minister of Petroleum and Mineral Resources Tarek El-Molla.
Current natural gas production hits 7.2bn cubic feet per day, says EGAS chairperson
Electricity sector investments will see four control centres constructed to support Sinai, Suez Canal electricity network
Misr Italia Company for Tourism Development was given a period of two months to complete the documents required for the annual licence renewal for fiscal year (FY) 2019/2020.
EgyptERA approved regulations, paving way for interested American, German, Chinese, and Italian companies
EETC to receive technical, financial offers from consulting firms until 1 October
The announcement added that the discovery has added significantly to the gas potential of the great Noroos area.
Well-informed sources have told Daily News Egypt that the list of companies include: the Arab Organization for Industrialization (AOI); Tripel M; Onera; Solar Installer; Smart Home; I Solar; Egypt Power; Modern City; and Golden Solar; Shams Masr; TEC-MERGE; Creative; and Egyptian Modern Systems.
Siemens said that the grid connection project will help supply electrical power to more than 25,000 residential units, in over 250 buildings and service centres.
Egypt is important partner for Italian company’s international activity, says Eni CEO Claudio Descalzi
NREA is preparing to launch two solar tenders in Kom Ombo, Hurghada, says Mohamed Al-Khayyat
Natural gas sales from Rashid and Burullus companies amounted to about 309m scf/day
Company distributes 1,000 solar powered searchlights to families, says regional president
German giant to provide maintenance of three gas turbines at ETHYDCO industrial complex
July electricity bill collection rate did not exceed 80%
Company aims to sell its EV chargers in Egypt after getting government’s approval