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  1. Egypt’s Economy & Energy Sector Reel From Covid-19

    ...w for April (see chart, p7).  With the power sector accounting for 55% of Egypt’s gas consumption, and industrial activity also down, it is no surprise that overall gas use is also at the lowest level since 2016 (see chart 3). From a chronic gas shortage for 2014-17, Egypt rapidly switched to...

    Volume: 63
    Issue: 27
    Published at Fri, 03 Jul 2020

  2. Saudi Electricity Taps China For $1.5bn, Takes Expansion Funding To $33bn

    ...nistry of Finance in 2014 in addition to government’s regular long term backing (MEES, 17 July 2015). The loan from Chinese state bank ICBC also takes SEC’s capital projects fundraising for 2016 to $3.8bn – just half way through the year this already exceeds the previous record of $3.7bn, hit in both 2014...

    Volume: 59
    Issue: 27
    Published at Fri, 08 Jul 2016

  3. Egypt Adds To Solar Plans, Looks To Fund Massive Power Expansion

    ...ril, down from 4.72bn for 2014 (see p8). Until it can revive upstream activity, the government has turned to LNG imports. EGAS recently began taking deliveries through a 550mn cfd capacity floating storage and regasification unit (FSRU) moored at Ain Sukhna. A second FSRU of 500-700mn cfd capacity is...

    Volume: 58
    Issue: 27
    Published at Fri, 03 Jul 2015

  4. Saudi Hikes Generation Capacity, Boosts Combined Cycle Usage

    ...airman Salih al-Awaji says the firm plans to spend SR500bn ($130bn) adding 21 power plants totaling 20GW through 2018. The company’s current projects pipeline totals 18.26GW by this date. CCGT generation figures for 2014 will likely be boosted by SEC’s completions of a 3.92GW plant at Qurayyah, in...

    Volume: 57
    Issue: 27
    Published at Fri, 04 Jul 2014