Latest in Energy Highlight
Latest in Energy
Osama Kamal plans to submit legislation to replace the old stations with CSP ones
Studying financial bids, and contract awarding to the winning company before end-2019
El-Molla revealed that the connection process was accelerated in the first quarter (Q1) of FY 2019/20, as the natural gas supply was extended to 21 new areas.
German company to build 500MW wind farms in Egypt, Japanese institutions to finance the first phase
Importers to conduct product testing at NREA for maximum EGP 40,000 per container
Egypt poised to achieve surplus of production after meeting the needs of domestic market
The list of banks in negotiation with KarmSolar includes IFC and EBRD
SMEs movement towards Africa is essential for upcoming period
A total of 332 small power plants were connected to the national grid, outputting 23.5MW
US cuts gas rigs to 144, as production reaches 2.39trn scf
Three companies were competing for the project, including Vestas, Siemens Gamesa, and Senvion.
Two contracts to be awarded before the end of 2019, company signed contract with Petrojet
Negotiations with DP World to develop 40 sqkm in Ain Sokhna
Local market gas needs fall to 6bn scf, says source
Linking 80m cubic feet from the second well in stage 9B, according to industry sources
The list includes Orascom, El Sewedy, Infinity, Ibn Omairah, and Light Source, companies to submit bids on 16 October
Exports from Leviathan to start 1 January 2020, from Tamar to start on 30 June 2020
A government source told Daily News Egypt that the government has fixed the prices of petroleum products, in parallel with fixing the value of hedging against price fluctuations, which protects the state budget from bearing any additional burdens.
Both sides in negotiation to launch renewable energy projects with 500MW capacity
Gas consumption by power plants down by 500m scf/day, say source
Authority receive requests to implement 10GW projects in feed-in tariff programme, says El-Khayyat
Media Avenue honoured leading companies, most influential figures in the renewable energy sector
A hundred companies contributed to project with total investments of $2bn, to output 1.4GW of solar energy
Solar Installer aims to increase the capacity of this portfolio from 350MW to 1.3GW in 2019/20, after completion of its projects at Benban.
Three companies, including Belectric, NARI Group Corporation, and Vikram Solar, technically qualified and two companies were excluded, one for technical reasons and the other withdrew.
Market to face oil glut in coming period, prices to fall under $60: Source
The ministry of petroleum said in a statement that the remaining five wells in the field will be developed during the second quarter of next year.
“We seek to implement Sahara Transformation Initiative to produce 10GW,” says Shonibare
The event’s media sponsors are Forbes Middle East, Daily News Egypt, Al Borsa, Youm 7, and Hapi newspapers, as well as the Economy Plus platform.
Another reason is also the difficulty of establishing a special port to receive coal for the project in the region of Oyoun Moussa, as the water there is very shallow, which requires the construction of the port deeper inside the water, which would raise the total cost of the plant.