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Latest in Energy


Egypt has 8,150 MW of surplus electricity production

The Electricity Observatory of the Egyptian Electricity Regulatory Authority (ERA) announced on Sunday that Egypt had 8,150 MW of surplus electricity production, while the maximum consumption during nights reached 24,090 MW. According to the ERA, Egypt has not witnessed power outages recently, except in a few areas for short periods that did not exceed five …

Mohamed Farag

EEHC installs 250,000 electricity metres at 6 distribution companies as trial 

The Egyptian Electricity Holding Company (EEHC) started to install 250,000 smart electricity metres in a trial across six electricity distribution companies. Ministry of Electricity Spokesperson Ayman Hamza said that the new step came within the electricity sector’s plan to provide electricity for all purposes through modern technological methods. He added that the use of smart …

Mohamed Farag

EGAS to launch tender for importing LNG

The Egyptian Natural Gas Holding Company (EGAS) plans to launch a tender for importing liquefied natural gas (LNG) shipments in January 2018, according to an official source at the company. The source added that the upcoming tender aims to secure local market needs of natural gas during the second quarter (Q2) of 2018. Meanwhile, EGAS …

Ahmed Ismail

EGYPS 2018, North Africa’s largest oil, gas industry platform to begin February 

EGYPS 2018, North Africa’s largest oil & gas industry platform is scheduled to kickstart in February, in its second annual edition, under the patronage of President Abdel Fattah Al-Sisi. The platform aims to bring together the region’s key stakeholders shaping the energy industry’s future. “With abundant resources, some of the most competitive production costs worldwide, …

Daily News Egypt

First gas import license to be granted in 2018

An official source at the Ministry of Petroleum and Mineral Resources said that the executive regulation of the gas market regulation law is expected to be completed within the next month. According to the source, the members of the Natural Gas Market Regulatory Authority will be announced next month, while next month will also see …

Ahmed Ismail

EEHC pasys Siemens €4.8bn

The Egyptian Electricity Holding Company (EEHC) has paid €4.8bn to Siemens for its work at the Beni Suef, Bruluss, and New Administrative Capital power plants. An official at EEHC said that Siemens provided bills and they were approved and disbursed. He noted that EEHC will not postpone payments so that the company can complete the …

Mohamed Farag

Egypt to stop importing gas by end-2018: EGAS

According to Vice President of the Egyptian Natural Gas Holding Company (EGAS) Magdy Galal, the company aims to stop importing liquefied natural gas from abroad by the end of next year. According to Galal, the Ministry of Petroleum owns the bulk structure that qualifies Egypt to become a regional energy hub. It owns the Sumed …

Ahmed Ismail

NREA negotiates with 5 banks to obtain EGP 1bn revolving loan

The New and Renewable Energy Authority (NREA) is currently in talks with five local banks to obtain a revolving loan worth EGP 1bn to finance solar power projects with capacities of less than 500 kW. Sources from the NREA said that it is negotiating with Banque Misr, the National Bank of Egypt (NBE), and the …

Mohamed Farag

Egypt starts experimental production from Zohr gas field

The Ministry of Petroleum and Mineral Resources began the pilot operation of Eni’s Zohr field, according to a press release by the Minister of Petroleum and Mineral Resources Tarek El-Molla. El-Molla said that the wells were opened and the experimental production of the field began on Friday to test the lines and the natural gas …

Ahmed Ismail