Latest news
Egypt: EGAS finalizes tender for two LNG cargoes for April delivery
Egypt has acquired two liquefied natural gas (LNG) cargoes for April delivery from two international firms, EGAS Chairman Khaled Abdel Badie told Reuters on Sunday, without mentioning which two companies won the tender.
read more... 29/03/2016
Japan's Marubeni might construct coal power plant in Egypt
Japan's Marubeni Corp and Egypt's El Sewedy Electric have settled with Egypt's state-run power utility to conduct a feasibility study into the building of a coal-fired electricity plant in Egypt.
read more... 03/03/2016
Italy’s Eni to spend $4 bln on first phase of Zohr gas field in Egypt
Italian energy major Eni has invested $4 billion in the development of the first phase of Egypt's giant offshore Mediterranean gas field, Zohr, comprising the drilling of four wells, according to an Egyptian official.
read more... 16/02/2016
Siemens obtains first funding for Egypt power plant project
Egypt has obtained a first tranche of funding for an 8 billion euro ($8.5 billion) plan for power plants to be constructed by Germany's Siemens, as stated by the company and electricity ministry.
read more... 24/11/2015
Egypt obtains a loan of $200 million for gas-fired power plant
A London-based bank is offering $200 million (£130m) for a 1.8GW Combined Cycle Gas Turbine (CCGT) power plant.
read more... 19/11/2015