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Latest in Energy


Supply Ministry increases subsidies, issues special category cards 

The Ministry of Supply and Internal Trade has been able to make some accomplishments over the past period through providing services or decisions that contribute to reducing the burden on citizens through increased subsidies for ration cards. Individual subsidies on ration cards increased by 138% from EGP 21 to EGP 50 starting in July 2017, …

Basma Tharwat

$23m for the development of Petroleum Marine Services Company: El-Badawi

Continuous development of national companies working in the field of construction and petroleum services is of essential importance, said Petroleum Minister Tarek El-Molla on Sunday. He added that the ministry aims to provide full support to Egyptian petroleum companies, in their work in Egypt or projects abroad, to cope with the new stage of the …

Daily News Egypt

235,600 tonnes Egypt’s imports of butane gas in December 2017

Egypt’s imports of butane gas during the month of December increased by 42,000 tonnes, reaching 235,600 tonnes compared with 193,500 tonnes in December 2016. In December 2017, the consumption of butane gas reached 375,800 tonnes compared with 386,300 tonnes in December 2016, down by 11,000 tonnes. The production of butane gas was stable during December …

Daily News Egypt

Energy subsidies will be zero by FY 2020/2021: Shaker

Minister of Electricity and Renewable Energy Mohamed Shaker announced that energy subsidies will be zero by fiscal year (FY) 2020/2021, a change from previous plans that were meant to terminate the subsidies by 2019. This came during a monthly meeting at the American Chamber of Commerce in Egypt (AmCham) on Sunday under the title “Future …

Nevine Kamel

Enppi to offer 24% stake on EGX by end-2018

Engineering for the Petroleum and Process Industries (Enppi) will offer a 24% stake of the company on the Egyptian Exchange (EGX) by the end of the year, according to its head, Mohamed Hat’hout. The Ministry of Investment is seeking to use the partial offering of some state-run companies on the Egyptian Exchange to attract foreign …

Mohamed Farag