Gas deal between Egypt, Lebanon stalled because of WB new terms: Minister

Mon, 19 Sep 2022 - 10:06 GMT

He added that the World Bank has set a ten-term condition, the most prominent of which is increasing the tariff price. He noted that Lebanon already has formulated how the new tariff will cover the expenses.

Egypt's rationalization policies 'saved surplus quantites of gas' and helped export to Europe: Cabinet Spox

Thu, 15 Sep 2022 - 06:46 GMT

The official spokesman for the Council of Ministers, Nader Saad, said that the government agencies are committed to measures to rationalize electricity, and accordingly, the lights are turned off after the end of official working hours.

Zohr gas field production jumps to 2.7B cubic meters per day

Mon, 29 Aug 2022 - 05:39 GMT

Current production from Zohr gas field hiked to 2.7 billion cubic meters per day, added the ministry Mondayز

Egypt assigns offshore concession area "northeast of El-Arish" to EGAS, Eni to search for gas

Thu, 25 Aug 2022 - 01:47 GMT

The Cabinet said in a statement, Thursday, that the project is being built within the framework of the trend towards expediting the exploratory operations in the "Northeast of Al-Arish" offshore area.

Value of Egyptian non-oil exports drop by 18.3% on YoY basis

Tue, 23 Aug 2022 - 04:12 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022.

Egyptian gov't directs electricity consumption to save, export gas used in stations

Wed, 10 Aug 2022 - 03:37 GMT

The government is currently working on investing in the most important resource it owns, which is natural gas, to which huge investments have been directed in the past,” Prime Minister Mostafa Madbouli said on Tuesday.

Egypt's FM sheds light on importance of recent overseas visits by President Sisi

Sun, 24 Jul 2022 - 11:54 GMT

Minister of Foreign Affairs Sameh Shokry stated in a phone-in Saturday that the recent visits of President Abdel Fatah al-Sisi to several states reflect Egypt's keenness on persistent coordination with partners on all levels.

Egypt signs agreement with Lebanon, Syria to supply natural gas

Tue, 21 Jun 2022 - 03:17 GMT

Under the agreement, the gas will be pumped through a pipeline to the Deir Ammar power station in northern Lebanon, where it can add about 450 megawatts to the grid, equivalent to about four additional hours of electricity per day.

Egypt, Chevron sign MoU for cooperation on East Mediterranean Gas

Mon, 20 Jun 2022 - 04:43 GMT

Chevron Corporation, which is an American multinational energy corporation, plans to drill its first exploration well in its concession area in the Mediterranean Sea next September.

Egypt's FM discusses with European Investment Bank's president boosting inflows to energy, green transition sectors

Mon, 20 Jun 2022 - 12:04 GMT

Minister of Foreign Affairs Sameh Shokry met Monday with President of the European Investment Bank Werner Hoyer within his visit to Luxembourg.

Gas exporting to EU agreement an official recognition of Egypt as energy global hub

Sun, 19 Jun 2022 - 01:35 GMT

The agreement will then be an umbrella for a new set of agreements, the minister said.

Egypt, Lebanon to sign deal on gas exportation on June 21

Fri, 17 Jun 2022 - 05:02 GMT

The deal would ease the electricity crisis that the Lebanese people are suffering from.

Gas export agreement with Israel, EU weighs Egypt towards transition to clean energy: Spokesperson

Wed, 15 Jun 2022 - 07:36 GMT

The spokesperson added that Egypt has all the facilities that enable it to receive Israeli gas and then liquefy it before exporting it to Europe, pointing out that the memorandum of understanding confirms that there is interest from the European Union to increase cooperation with Egypt in the field of energy.

Egypt, GE Gas Power sign 2 agreements on carbon emission reduction

Wed, 15 Jun 2022 - 06:47 GMT

The Egyptian Electricity Holding Company and GE Gas Power signed Wednesday two agreements of cooperation on reducing carbon emissions.

Egypt's GAFI chief visits Qatar to discuss potential projects

Tue, 07 Jun 2022 - 05:41 GMT

Chairman of the General Authority for Free Zones and Investment (GAFI) Mohamed Abdel Wahab held a series of meetings in Qatar Monday to discuss new projects as well as existing ones.

EU ready to broker solution to Ethiopian Dam crisis affecting Egypt: European Commissioner for Neighborhood and Enlargement

Tue, 07 Jun 2022 - 01:19 GMT

The interview covered the food and energy crises ensued from the Russia-Ukraine War.

EU supports Egypt to become major hub of energy in Mediterranean, Middle East

Tue, 17 May 2022 - 02:05 GMT

European Union Ambassador to Cairo Christian Berger said Tuesday that the union supports Egypt to become a major hub of energy in the Middle East, North Africa, and Mediterranean.

Natural gas supplied to 86 villagers under Decent Life: min.

Tue, 19 Apr 2022 - 01:53 GMT

Natural gas will be also delivered to 1,185 villages after the completion of the sanitary servicing works, the ministry noted in a statement on Monday.

Eni-EGAS agreement to allow export of 3 bcm of gas to Europe in 2022

Thu, 14 Apr 2022 - 12:58 GMT

The agreement aims to promote Egyptian gas export to Europe, and specifically to Italy, in the context of the transition to a low carbon economy.

Eni announces new discoveries in Egypt's Western Desert

Thu, 14 Apr 2022 - 12:16 GMT

These new discoveries have already been connected and tied into production, in line with the Infrastructure-led exploration strategy, allowing to maximize exploration opportunities nearby existing infrastructures.