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Negotiations underway for Finance Ministry to guarantee FiT payments
The Electricity Ministry is in negotiations with the Finance Ministry to issue payment guarantees of USD 3 bn for projects…
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Egyptera renews electricity distribution, production licenses to 10 companies
The Egyptian Electric Utility & Consumer Protection Regulatory Agency (Egyptera) has renewed electricity distribution and production licenses for 10 companies,…
NREA to tender 400 MW solar and wind projects in 2018
The New and Renewable Energy Authority (NREA) is planning to tender solar and wind projects with a combined production capacity…
EEHC sets 26 November deadline to submit offers for USD 8 bn Hamrawein power plant
The Egyptian Electricity Holding Company (EEHC) has set 26 November as the deadline for companies to submit offers for the…
Gov’t FiT costs from Benban solar park could reach EGP 3.3 bn per year
The Egyptian Electricity Transmission Company (EETC) expects its feed-in tariff payments for the solar power projects in Benban, Aswan to…
El Sokhna Refinery secures USD 1.4 bn in funding for its refinery
El Sokhna Refinery & Petrochemicals has secured USD 1.4 bn in funding for phase one of its refinery plant from…
TransGlobe increases production, records 3Q2017 loss
TransGlobe Energy announced 3Q2017 production increased by 27% y-o-y to 14.9k boepd on increased volumes in Egypt and an acquisition…
Oil Ministry signs USD 2.4 mn exploration agreement with Trident Petroleum
The EGPC signed yesterday a USD 2.4 mn agreement with Trident Petroleum for oil and gas exploration in the East…
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