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EETC signs EGP 656 mn in contracts with ELMACO, El Sewedy to supply transformers
The Egyptian Electricity Transmission Company (EETC) has signed two contracts with Elsewedy Electric and El Nasr Transformers and Electrical Products…
Cabinet signs off on Egypt’s waste-to-energy tariff at EGP 1.40 / kWh
CABINET WATCH- Gov’t signs off on waste-to-energy tariff: The Madbouly Cabinet approved yesterday setting the feed-in tariff (FiT) rate for…
Egypt exported 172.8 bncf of natgas in FY 2018-2019 via 45 cargos from Idku
Egypt exported 45 cargos of natural gas carrying a total of 172.8 bcf from the Idku liquefaction plant in FY2018-2019,…
UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets
INVESTMENT WATCH- UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets: Emirates National Oil…
Gov’t to set natgas, electricity prices twice a year for all industries
Gov’t looking into setting natgas, electricity prices twice a year for all industries: The government will revise the price at…
Shell to divest onshore assets in Egypt’s Western Desert to focus on offshore concessions
Shell to divest Western Desert onshore assets to focus on offshore concessions: Shell is planning to divest its onshore upstream…
Shell to start work on three concession areas in 2H 2020
Shell to start work on three oil and gas concessions in 2H 2020: Shell plans to begin operations at three…
EGPC to borrow USD 650 mn to buy petroleum products
The Egyptian General Petroleum Corporation will take out a USD 650 mn loan from the International Islamic Trade Finance Corporation…
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