The company said that this project is an important step towards boosting the efficiency of PPC’s national pipeline network for oil transportation.
Egypt’s production of natural gas was not halted during the coronavirus outbreak despite the worldwide suspension of production.
Japan provided Egypt with $240 million to support the Egyptian government's reform plan of the energy sector.
The company said it has also delivered a 5% increase in Sukari proven and probable mineral reserves to 6.0Moz at 1.1g/t Au.
His remarks came during his participation in the 21st annual conference of the Arab Administrative Development Organization in Oman.
This came after natural gas was pumped to these villages as part of the first phase of the Haya Karima (‘Decent Life’) initiative.
According to the ministry’s statement, Mahgoub will start his new position on 13 December 2022.
The conference represents great importance in activating aspects of cooperation between Arab countries in the oil and gas industry.
Vortex Energy, a renewable energy platform managed by the private equity arm of EFG Hermes, has invested €46m in Ignis Energy.
The coming period requires cooperation of all peoples to achieve hopes, stability and development for countries.
Hamza stressed that this project will reduce carbon emissions by about 24 million tons annually.
Holcim was the first global building materials company to sign the UNGC’s “Business Ambition for 1.5°C” initiative.
Initial approvals have been obtained for the sites that will be put up for bidding, whether in the Mediterranean or the Western Desert.
The project's role is to achieve development sustainability, increasing the added value to the Egyptian limestone, and meeting the local market needs.
Madbouly followed up the efforts of the unified government complaints system to receive and monitor citizens’ complaints.
The initial project will include a new green hydrogen production facility with a capacity of 15,000 tonnes per year.
The Arab world’s most populous state also seeks to hike its total exports to $100 billion.
The companies always provide the needed data to the ministry in order to accelerate the execution of environmental sanitation plans.
El Molla stated that the current events and the global energy situation demonstrated the importance of the step taken by establishing the EMGF.