energy
All necessary studies for the project have been finalized. The signing of the final contracts is anticipated by the close of 2024 to pave the way for project commencement.
The Egyptian state seeks to establish the country as a regional center for trading and exporting gas and energy in the Eastern Mediterranean region.
These stations, with a combined capacity of around 1,000 megawatts, will be set up in Upper Egypt, notably in the Aswan Governorate.
Likhachev noted that this collaboration would greatly assist Egypt in achieving its objectives in the realm of new and renewable energy sources.
These combined efforts are geared towards meeting the growing demand for electricity and facilitating the operation of additional capacities by the upcoming summer.
Minister of Petroleum and Mineral Resources, Karim Badawi, has reached an agreement with foreign collaborators in Egypt to hasten the development schemes for the concession areas.
The objective of this unit is to receive liquefied gas deliveries, convert them to gas, and integrate them into the national grid.
President Sisi commended the company's work in the country over the past three decades.
The approval of these agreements is expected to contribute to Egypt's efforts to increase its oil and gas reserves and production and to meet the growing demand for energy in the country
The new government's agenda highlights its commitment to economic growth, improved infrastructure, and increased transparency through public engagement
The shops will close at 10:00 p.m. instead of 11:00 p.m.
The prime minister stated that the electricity crisis worsened on Monday because a gas field in one of the neighboring states got out of service for 24 hours.
A high-profile source told Extra News Tuesday.
Prime Minister Mostafa Madbouli will hold on Tuesday a meeting aimed at issuing key decisions on the electricity crisis, a governmental source told Extra News.
The Nuclear Plants Authority submitted a request with the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) to obtain a construction permit.
Since 2018, the government has been implementing projects in relevant sectors with the aim of achieving that goal.
Omran said that the experience of allowing the private sector to sell energy to the consumer from the private sector also opens the door to liberalizing the electricity market in Egypt.
Minister of Foreign Affairs Sameh Shokry held talks Monday with his Greek counterpart Giorgos Gerapetritis during his visit to Athens.
Minister of Finance Mohamed Mait considered subsidizing fuel a "crime."
The plan's duration is between 2024 and 2027.
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