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Regional energy players put in offers to supply us with LNG
Saudi Aramco, UAE’s Adnoc, Algeria’s Sonatrach, and QatarEnergy have submitted offers to EGAS
When can we expect electricity prices to increase next?
The Electricity Ministry last hiked electricity prices in September
Turkish floating regasification unit secured to help cover gas demand during summer months
The Turkish FSRU will help process some of Egypt’s 155+ expected LNG shipments this year
Egypt secures LNG regasification unit under 10-year contract signaling long-term reliance on natgas imports
The unit will replace the existing Hoegh Galleon, which was delivered by Höegh Evi last year
Gov’t promises compensation to car owners impacted by defective gasoline
The government will be reaching out to all those who submitted complaints for compensation for damaged fuel pumps of up…
Chevron wants to increase its presence in Egypt
PLUS- Azimut to launch KSA asset management arm in 3Q
Gov’t sweetens the pot for Exxon Mobil to boost investments
PLUS- Ain Sokhna is getting a USD 1.7 mn packaging materials plant
Scatec breaks ground on Obelisk solar and battery storage project
The project will be built in two phases and will be fully operational in the second half of 2026
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