energy

Businessmen association to hold conference on future of energy in Egypt
Business

Businessmen association to hold conference on future of energy in Egypt

Egyptian Businessmen Association (EBA) will hold in February a conference on supporting energy in Egypt in collaboration with Ahram to be…
Oil minister: Egypt to finalise Gazprom LNG deal this month
Business

Oil minister: Egypt to finalise Gazprom LNG deal this month

Egypt will complete an agreement with Russia's Gazprom for the company to supply it with liquefied natural gas (LNG) shipments…
Govt mulls custom cuts on imported renewable energy appliances
Egypt

Govt mulls custom cuts on imported renewable energy appliances

The Finance Ministry is considering slashing duties from the current 20 percent tax to as low as 2 percent on imported…
Govt finishes subsidy lifting scheme pending approval by next parliament
Business

Govt finishes subsidy lifting scheme pending approval by next parliament

The government has concluded a scheme to lift energy subsidies, according to a senior official, but added that it will…
BG posts bigger-than-expected fall in profit as Egyptian output halved
Business

BG posts bigger-than-expected fall in profit as Egyptian output halved

Britain's third-biggest energy company BG Group reported a worse-than-expected 26 percent fall in third-quarter operating profit on the back of…
Energy expert: Egypt on verge of humanitarian crisis
Business

Energy expert: Egypt on verge of humanitarian crisis

A British energy expert has warned that Egypt is facing a humanitarian crisis that is fueled by energy problems. In an…
Egypt Gas: Higher prices save LE1 bn yearly
Business

Egypt Gas: Higher prices save LE1 bn yearly

The government's decision to raise natural gas prices for home users will save the state LE1 billion annually, said Egypt…
Former Petroleum Minister: Replacing our electricity network will cost LE17 bn
Egypt

Former Petroleum Minister: Replacing our electricity network will cost LE17 bn

Former Petroleum Minister Osama Kamal said it would cost the government LE17 billion to replace the electricity network. In an interview…
Russia to provide Egypt with nuclear fuel for second research nuke reactor
Business

Russia to provide Egypt with nuclear fuel for second research nuke reactor

Egyptian Atomic Energy Authority chairman Atef Abdel Hamid said that Egypt agreed with Russia to import fuel that is needed…
BG Group buys Nigerian LNG to replace lost Egyptian output
Business

BG Group buys Nigerian LNG to replace lost Egyptian output

BG Group has bought six liquefied natural gas (LNG) cargoes from Italian utility Enel (MDD: ENEL.MDD - news) as it…
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