Tag Archives: Egypt

The new facility is expected to help the country achieve its 2022 clean energy goal.

Egypt’s local market demand is still too low to absorb the current glut. and pipeline exports to Jordan are still very low.

The West Bakr Wind project will have a capacity of 252MW and is expected to produce enough renewable electricity to power around 350.000 homes.

Egypt aims to become a regional gas hub for the trade of liquefied natural gas after major gas discoveries in recent years.

Egypt became a major consumer of the fuel in 2015.

The tender was the largest in its history Exxon participated in an exploration project in Egypt.

Egypt has signed a deal with Cyprus for the construction of a pipeline that will channel gas from the island’s Aphrodite field to facilities in Egypt.

Egypt is investing in a processing plant on the Red Sea that could produce some four million tonnes of petro-products a year.

BP concluded its purchase of global miner BHP Billiton for $10.5bn earlier this year.

The Egyptian intelligence service is slated to receive 80 percent of the income from East Gas.