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NEWS ON THE ENERGY SECTOR IN THE MEDITERRANEAN
15 June 2018
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ENG
Solar Energy: WB Lends Morocco additional $125 Mln for Noor-Midelt Complex
The World Bank has granted Morocco a $125 million additional financial support to enable the North African Kingdom build the Noor-Midelt I and II plants expected to produce 600-800 megawatts. The Noor-Midelt complex will be the country’s second concentrated solar power (CSP) complex built under the Noor Solar Plan. The Solar Plan is a critical component of the country’s goal of producing 52 percent of its electricity through renewable energy by 2030.
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14 June 2018
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ENG
LNG terminal to put Croatia on Europe's energy map
Ahead of a cabinet meeting on Thursday, Croatia's Environment Protection and Energy Minister, Tomislav Coric, said that he expected the Parliament to adopt today the bill on the construction of a floating liquefied natural gas (LNG) terminal, which he said is a strategically important project. Coric added that the project would put Croatia on Europe's energy infrastructure map, while Tourism Minister, Gari Cappelli, ruled out any detrimental effects that the terminal might have for the tourist industry on the northern Adriatic island of Krk, where the terminal is to be built.
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13 June 2018
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ENG
Upgrade will enable Greece to increase use of the renewable energy resources
The European Investment Bank (EIB) said on June 12 that the bank will support a €170 million electricity network investment programme by the Hellenic Electricity Distribution Network Operator (HEDNO), a subsidiary of the largest power provider in Greece, PPC. The EIB and PPC signed on June 12 the second loan amounting to €45 million within the total loan facility of €85 million, the EIB said, adding that the bank will finance 50% of the new scheme that will reinforce and modernise electricity distribution across the Greek mainland and islands and enable the national network to better supply renewable energy.
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9 June 2018
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ENG
Sound Energy Plans Plant & Pipeline to Tap into Eastern Morocco Gas
UK company, Sound Energy, is planning a gas plant and pipeline to commercialize gas it discovered in eastern Morocco. The Moroccan focused upstream gas company said in a statement it signed a “heads of terms with a consortium comprising Enagas, Elecnor and Fomento for the front end engineering and design (“FEED”) and conditional construction and financing of all the infrastructure required, including a 20 inch pipeline and facilities, to commercialize the Company’s existing gas discovery in Eastern Morocco.”
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7 June 2018
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ENG
TUNISIA SEEKING TO CLOSE RENEWABLE ENERGY GAP
On 15th May, 2018, Tunisia announced pre-qualification for two international calls to tender for the construction of five solar photovoltaic power plants (500MW) and three wind farms (500MW) on a build-own-operate (BOO) basis, representing an estimated total investment of €1bn. Less than a week before, the government had given the go-ahead to the building of ten power plants, totalling 70MW and €65M in investment.
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17 May 2018
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ENG
Jordan is key player for Israel's 'energy' role
Jordan is a key player in Israel's energy equation in the region as it could either make or break the Jordan-Israeli gas sales and purchase agreement that is vital to Israel's success as a regional energy player, according to the director of hydrocarbons at the Paris-based Mediterranean Energy Observatory (OME).
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7 May 2018
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ENG
Cyprus, Israel seek gas-sharing formula to unlock East Mediterranean energy hub
JERUSALEM/NICOSIA (Reuters) - An ownership squabble over Cyprus’ main natural gas field is threatening to delay multi-billion dollar plans to turn the eastern Mediterranean into a major energy hub.
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7 May 2018
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ENG
Morocco, EU to Establish Twining Program in Support of Energy Sector
A seminar will be held, on Tuesday in Rabat, for the official launching of the Morocco-European Union (EU) twinning program, aimed at supporting Morocco's energy sector. The 24-month twinning project (2018-2020), funded by the EU to the tune of 1,150,000 Euros, is part of the implementation of the program "Making a success of Advanced Status between Morocco and the EU," said a statement from the ministry of Energy, Mining and Sustainable Development.
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3 May 2018
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ENG
Slight increase in France's energy consumption in 2017
According to the French Ministry for an Ecological and Solidary Transition, final energy consumption in France grew by nearly 1% in 2017, in a context of sustained economic growth. The rise of the domestic demand, combined with an increased use of fossil fuels for power generation (lower hydropower and nuclear generation), raised primary energy consumption and resulted in a rebound of energy-related CO2 emissions, contrasting with the decline observed since the mid-2000s.
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2 May 2018
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ENG
Palestine? Israel sign energy agreement
After three years of negotiations? Palestine and Israel signed on Tuesday an agreement that would free the Palestinian energy sector from total Israeli control? according to the Palestinian Energy Authority? WAFA news agency reported.
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1 May 2018
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ENG
NOBLE ENERGY VP: ISRAEL NATURAL-GAS MARKET EXPANDS, DEMAND CONTINUES TO GROW
This has been a great year for Noble Energy in Israel, said Bini Zomer, vice president of regional affairs, via a video interview on Sunday. Speaking to the audience of the Jerusalem Post Annual Conference in New York, Zomer said Noble Energy has seen increased demand in the last 12 months.
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27 April 2018
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ENG
Liquid gas, the future of energy in Lebanon?
Liquefied petroleum gas could be a game changer for Lebanon’s environment and economy, say industry leaders, who congregated in Beirut this week for the Middle East LPG Regional Summit.
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26 April 2018
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ENG
Jordan's PM inaugurates Qweirah solar energy statio
AMMAN — Prime Minister Hani Mulki on Thursday inaugurated the Qweirah solar energy station, the biggest photovoltaic energy station nationwide, with a capacity of 103 megawatts and a cost of $120 million financed by a grant from the Abu Dhabi Fund for Development (ADFD). Mulki and Adel Hosani, director of the operations department in the government-owned ADFD, toured the station's facilities and listened to a briefing on the Aqaba station, whose production of electricity is sufficient to provide 51,000 residential units with their electricity needs, the Jordan News Agency, Petra, reported.
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26 April 2018
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ENG
Capitalizing on Zohr, EU, Egypt Sign MoU on Strategic Energy Cooperation
The European Union and Egypt have signed a Memorandum of Understanding (MoU) for a strategic partnership on energy. Egypt’s Electricity and Renewable Energy Minister Mohamed Shaker, Petroleum and Mineral Resources Minister Tarek al-Molla, and EU Climate Action and Energy Commissioner Miguel Arias Cañete signed the MoU during the latter’s official visit to Egypt on April 23.
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25 April 2018
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ENG
Italian energy firm Eni to drill more for gas deposits off Cyprus coast
NICOSIA, Cyprus: Eni will proceed with more exploratory drilling south of Cyprus over the next 20 months, affirming a “strong engagement and commitment” in a hydrocarbons search off the east Mediterranean island nation, the Italian company’s chief executive said Wednesday.
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23 April 2018
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ENG
Jordan Plans 30MW Battery To Aid Green Energy
Jordan is pressing ahead with its first electricity storage project to bolster its expansion in solar and wind generation. The Middle Eastern kingdom expects to sign a contract for a 30-megawatt battery in the third quarter, according to Energy and Mineral Resources Minister Saleh Al Kharabsheh. The project, which was tendered last year, will help ensure the country has green electricity day and night, he said in an interview at the Energy Transition forum in Berlin.
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22 April 2018
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ENG
SDX Energy Makes Major Gas Discovery in Morocco
SDX Energy’s latest discovery has exceeded expectations. The UK-based gas company announced on Friday, April 20, a new gas discovery at the LNB-1 onshore well on the Lalla Mimouna permit, estimated to contain “significantly more” resources than expected.
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22 April 2018
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ENG
EU says Egypt key strategic partner in energy
The EU's climate and energy commissioner? Miguel Arias Canete? said Egypt is a key strategic partner in the energy field and that stability and prosperity are vital for Egypt and other countries in the region.
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22 April 2018
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ENG
Jordan on path to achieve 25% renewable energy contribution by 2021
Renewable energy projects entail costs reaching up to JD180 million on the National Electric Power Company (NEPCO) to increase the capacity of the national grid, NEPCO Director General Abdel Fattah Daradkeh said on Sunday.
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21 April 2018
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ENG
EU, Egypt to sign new strategic partnership on energy
21 April 2018: EU Commissioner for Climate Action and Energy Miguel Arias Cañete will be in Egypt on 22 to 24 April for a new strategic partnership on energy, an EU statement said Friday. Cañete is leading a high-level visit with government officials and energy stakeholders.
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21 April 2018
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ENG
SOLAR ENERGY WILL POWER MOST OF SPAIN BY 2030 AS INVESTMENT POURS IN
That’s according to a report by the country’s Industry Ministry, which has predicted savings of around €9.6 billion on the current trajectory of renewable energy growth. The move to solar will also cut CO2 emissions by more than half while extra revenue will come from selling energy to France.
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19 April 2018
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ENG
Solar and wind energy, driving forces for energy transition in Tunisia
Solar and wind energy should be prioritised in Tunisia’s energy policies to achieve an energy transition that is now global. The good news in Tunisia is that policy makers are now aware of the contribution of renewable energy to a country, whose budget is burdened by subsidies and whose energy deficit is a dilemma.
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18 April 2018
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ENG
Turkey will continue to become important energy partner for Europe, energy minister says
Engaging in a multinational energy project that aims to ensure the energy supply security of Europe, Turkey will continue to become an important partner for the continent to sustain resource diversification and supply security, Energy and Natural Resources Minister Berat Albayrak emphasized at the Berlin Energy Transition Dialogue Conference's panel entitled "Contribution of Renewables to Energy Security."
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18 April 2018
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ENG
Grid operator reports that Portugal has generated some 4,812 GW of renewable power in March
Portugal has reached a major milestone with its energy strategy. The country’s renewable energy sector was able to generate enough electricity to accommodate all of its needs during the month of March. The Portuguese grid operator, REN, has reported that some 4,812 gigawatts of electrical power were generated through renewable sources in March. Throughout that entire month, the country only consumed 4,647 gigawatts.
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29 March 2018
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ENG
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.
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