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SIDPEC propylene factory to be 70% financed through debt from Egypt banks
Sidi Kerir Petrochemicals’ (SIDPEC) new propylene and polypropylene plant in Alexandria will have a 70:30 debt-to-equity ratio, the company said…
The market dynamics of sweet and sour crude
The market dynamics of sweet and sour crude: OPEC is under pressure fromcheap US “sweet” shale oil that is available…
Egypt’s imports of Israeli gas delayed to mid-2019 due to pipeline doubts
Egypt’s imports of Israeli gas delayed to mid-2019 due to pipeline doubts: Egypt will begin receiving its first shipments of…
What we’re tracking on 18 March 2019
It’s another quiet news day here at home — not that there’s anything wrong with that, as a brilliant show…
El Sisi ratifies USD 200 mn EBRD loan to Suez Oil Processing Co.
President Abdel Fattah El Sisi ratified on Thursday a USD 200 mn loan from the European Bank for Reconstruction and…
US energy companies praise Egypt at CERAWeek conference
Oil Minister Tarek El Molla met last week with World Bank Group senior director and top energy official Riccardo Puliti…
Idku gas liquefaction plant to increase exports to 1.13 bn scf/day by June
Egypt’s Idku gas liquefaction plant should be working at full export capacity by June following linkage to the Eastern Mediterranean…
Eni makes new natgas discovery at Egypt’s offshore Noor propsect
Italy’s Eni has made a new natural gas discovery at the offshore Nour gas field in the East Mediterranean, the…
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