Energy minister says pumping Egyptian gas to Jordan should resume next year
Minister of Energy and Mineral Resources Saleh Kharabsheh met with Egyptian Oil Minister Tareq Al-Mulla on Saturday and said that pumping Egyptian natural gas to Jordan should resume in early 2019.
The authorities of Cyprus expect that liberalization of the energy market will attract new investors
The Minister of Energy, Trade, Industry and Tourism of Cyprus, Yorgos Lakkotripis, appealed to potential investors to consider the possibilities of implementing energy projects on the island, taking into account the liberalization of the Cyprus market next year.Read more
Italian firms eye energy, infrastructure investments in Turkey
Italian Trade Agency Istanbul Manager Aniello Musella said that Italian firms show great interest in the sectors on which the Turkish government has focused over the past 10 years.
Morocco, Nigeria to Strengthen Cooperation in Energy
Minister of Energy, Mining and Sustainable Development, Aziz Rebbah, held talks Friday in Dakhla with Nigeria’s Minister of State for Power, Works and Housing, Mustapha Baba Shehuri, which focused on the means to strengthen bilateral cooperation in the energy sector.Read more
ENERGY: ALGERIA TO EXPORT ELECTRICITY TO TUNISIA, LIBYA
Algeria will soon be exporting electricity to Libya through Tunisia, Algerian Energy Minister Mustapha Guitoni said on the sidelines of a working visit to Khenchela, adding that the export of electrical energy is part of the program of Algerian President Abdelaziz Bouteflika who wants to export Algerian energy once the country expects to become self-sufficient by the end of this year.Read more
Albania, regional leader in terms of energy: WEF’s Fostering Effective Energy Transition report
Albania is ranked among the leading countries in the world in terms of energy and readiness to shift towards a more sustainable energy.
At least this is what the World Economic Forum writes in its most recent report entitled “Fostering Effective Energy Transition”.
This report is the first in this form and is the successor of the architectural energy performance index series.
Egypt, Italy share common energy interests: Foreign Ministers
15 March 2018: Egypt and Italy share the same energy interests as Egypt is on the way to become a regional hub for natural gas trade in South the Mediterranean, the two countries' foreign ministers said on Thursday.
Egypt's Sameh Shoukry and Italy's Angelino Alfano gave the remarks during their talks in Rome on the sidelines of an UNRWA conference.
Portugal runs on renewable energy alone for almost three days
According to grid operator REN, most of the energy was generated from wind turbines, setting a renewable energy record between last Friday and this Monday. Green energy currently supplies just over half of Portugal’s annual electricity needs, saving the country around 750 million euros in fossil fuel imports.
Conference addresses ways to up sustainable energy use in Lebanon
Until recently, the development of renewable energy in Lebanon has been impeded by bureaucracy, political stagnation and high prices.
Egypt sets 37 per cent renewable energy target for 2035
North African state is currently working on wind and solar projects.
The post Egypt sets 37 per cent renewable energy target for 2035 appeared first on Meed.
Women Empowering Turkey awards encourage more women in energy, development
The Energy and Natural Resources Ministry marked a first of its kind event on Tuesday evening. Organized by the ministry under the auspices of first lady Emine Erdogan, the Women Empowering Turkey event honored women who work in the country's energy industry either as a scholar or professional and have made difference with invaluable contributions to the sector vital for the Turkish economy. The accomplished women in the energy, which is generally considered a male-dominated area in Turkey, were awarded at the event to encouraging more women to take bigger roles in the industry.
Tunisia to invest $5bln in energy projects in 2018-2020
TUNIS - Tunisia will invest 12 billion dinars ($5 billion) in electricity and other energy projects from 2018 to 2020, a government statement said on Thursday.
The government also said it was planning a new airport close to the capital.
The energy projects include a 600 megawatt-underwater power cable to link Tunisia's power grid with Italy's, Energy Minister Khaled Kaddour said in a statement. The 200-km (125-mile) line would cost 600 million euros, he said.
Renewable energy projects provide Jordan's national power grid with 402 megawatts in 2017
AMMAN — Renewable energy projects provided the Kingdom’s national power grid with 402 megawatts of electricity in 2017, which is expected to increase to 1,700 megawatts by 2019, Energy Minister Saleh Kharabsheh said on Wednesday.
n a statement following a visit to the Sahara Forest Project (SFP), Kharabsheh said that Jordan is rich in renewable energy resources, especially solar energy, due to the location of the Kingdom within the Sun Belt, the Jordan News Agency, Petra, reported.
Turkey, Algeria decide on forming energy partnership to realize full potential in trade
Turkey's trade volume with Algeria is currently around $3.5 billion, which is not considered to reflect its true potential. With a view to increasing trade to $10 billion, the two countries have committed to an energy partnership project. Two Turkish firms inked a $1 billion agreement with Algeria's state-owned energy and chemicals group Sonatrach to establish a polypropylene production plant in the Yumurtalik district of Turkey's southern province of Adana. Over the last 10 years, President Recep Tayyip Erdogan has paid more than 30 visits to 28 African countries, the most of any Turkish president.
Algeria considers exporting electricity to Libya through Tunisia, says Energy Minister
Energy and Mines Minister, Mustapha Guitouni, said yesterday that our country is considering to export electricity to Libya via Tunisia.
Algeria is in the process of preparing the necessary studies to examine the possibility of exporting electricity to Libya through the Tunisian territories”, Mr. Guitouni said in response to a question from Turkey’s “Anadolu” Agency.
Libya suffers from power shortages caused by the destruction of a number of electricity plants, while Algeria is trying to strengthen its foreign exports, so as to increase its balance of foreign currency.
Egypt, Cyprus discuss electric connection project as part of energy cooperation
Minister of Electricity Mohammed Shaker held a meeting with ambassador of Cyprus to Egypt Charis Moritsis on Monday, discussing the implementation of a Memorandum of Understanding signed between the Egyptian Electricity Holding Company and the Euro Africa Company of Cyprus to conduct a feasibility study on the electric connection project between Egypt, Cyprus and Greece.
The two countries agreed to complete the feasibility study on the project which aims to turn Egypt into an energy hub between African and European countries.
Energy, geopolitics in Eastern Mediterranean: Turkey's vital position for Western interests
Turkey, as a rising power in the 21st century and a NATO member since the mid-20th century, has a crucial place in the Eastern Mediterranean. As global powers are bogged down in Syria, Turkey's regional power and geostrategic position becomes more of an issue for the same actors in terms of energy supply. Even though Ankara was pursuing a cautious policy in the region, in 2015, Turkey and Russia nearly came to the brink of war because a Turkish Air Force jet downed a Russian warplane. It was later explained that the Turkish fighter jet was piloted by Gülenist Terror Group (FETÖ) member who acted to damage Ankara-Moscow ties in service of the U.S. agenda.
Deal signed to implement energy storage project
AMMAN — As part of the effort to increase reliance on renewable energy, Jordan on Tuesday signed a Memorandum of Understanding (MoU) with 23 companies and consortia to implement a $40 million project to store electricity generated by power plants.
The electrical storage project, which will be located in Maan development area, some 220km south of the capital, will have the power capacity of at least 30 megawatts, Minister of Energy and Mineral Resources Saleh Kharabsheh told The Jordan Times on Tuesday.
"The project, which will be financed by the private sector, is very important to Jordan and it will maintain stability in the electric supply system… This project will help Jordan absorb more energy generated by renewable energy projects including solar and wind," said the minister.
The promises and challenges of Egypt’s Zohr gas field development
Beirut - Egypt is to start production at the massive Zohr gas field before the year is out. The field, which was discovered in August 2015, has estimated reserves of 906 billion cubic metres — the largest in the Mediterranean.
Zohr is likely to have a huge effect on Egypt’s energy sector and that of the region. Major international firms are interested in maximising Zohr’s infrastructure facilities to serve production from nearby stranded fields. BP and Russia’s Rosneft have 10% and 30% shares in Zohr, respectively.
Zohr’s first phase is being developed in record time for a giant deep-water gas project — just 20 months after the final decision to invest. Senior executives from Eni, the Italian company that discovered the field, dismissed the possibility of creeping delays, saying development is nearly 90% complete.
UfM calls for action towards shared Mediterranean Climate Agenda at COP23
The Secretariat of the Union for the Mediterranean (UfM) actively participated in the COP23, in Bonn, where it presented a study on the situation of climate finance in the region. The study reveals that the Southern and Eastern Mediterranean region has, during the last years, received an annual amount of around USD 7 billion in climate financing. The majority of this sum is used for climate mitigation projects.
By 2030, wind power in Spain will supply more than 30% of electricity with an installed capacity of 40 GW
Madrid, 16th of November 2017.
- The Spanish Wind Energy Association (AEE) has developed the analysis "The necessary elements for an energy transition. Proposals for the electricity sector". This document has recently been sent to the Spanish Committee of Experts for Energy Transition. With it, AEE aims at making specific and realistic proposals on the contribution of wind power for 2020, 2030 and 2050. Energy transition brings with it the need for long term planning and many challenges for its achievement.
EBRD considers expanding Egypt offices to Upper Egypt, SCZone
CAIRO – 15 November 2017: The European Bank for Reconstruction and Development’s (EBRD) is studying expanding its offices in Egypt to Upper Egypt and the Suez Canal Economic Zone (SCZone), EBRD’s Managing Director for the southern and eastern Mediterranean (SEMED) region Janet Heckman said.
Speaking to Egypt Today Tuesday, Heckman said that this decision came after the bank had opened its first office outside Cairo, in Alexandria, in September.
“This was the first office of an international financial institution outside the capital,” Heckman added.
EBRD underscores support for southern and eastern Mediterranean economies
The European Bank for Reconstruction and Development (EBRD) underscored its support for economies in the southern and eastern Mediterranean (SEMED) at a regional business forum in Cairo that saw a flurry of new investment across a number of economic sectors.
It was the EBRD’s second SEMED Business Forum since the Bank started investment in the region in 2012. It provided a forum for discussion about the challenges and the opportunities in the EBRD’s Arab economies and saw project signings worth over €300 million.
Financing Climate Protection
The European Investment Bank (EIB) has been an advocate in the field of environmental protection, often dedicating its lending to projects in that field. An active participant at the Conferences of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCC), the EIB will partake in the 23rd round of the conference, held from November 6-17 at the World Conference Center in Bonn, the headquarters of the Climate Change Secretariat.
Noble Energy hires Gate for Leviathan platform work
Noble Energy has hired Gate Energy to help with the commissioning of the Leviathan platform in the Mediterranean Sea.
Under the contract, Gate Energy will be responsible for topside commissioning planning, onshore commissioning execution and offshore commissioning services of the production platform for the Leviathan field development project.