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Egyptian Parliament Approves Sukari Gold Mine Agreement with StenaMin for 30-Year Term

StenaMin, a company established under Egyptian law, will bear all investment and operational costs of the project, without any financial obligations.

Renewables, primarily solar, wind, and hydropower, accounting for just 11.5 percent of electricity generation as of last year.

This involves accelerating exploration and development efforts across new concession areas.

It is part of Egypt’s broader efforts to implement concrete steps toward reducing greenhouse gas emissions.

The regasification unit has a capacity of 750 mmcm/d and will provide an additional source for both countries.

Energy Events

EGYPES 30.03.2026

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