Egypt to export liquefied gas to EU, US by 2004
The Egyptian Petroleum Minister Samih Fahmi has recently told Al-Musawwar magazine that liquefied gas exports to Europe and America are projected to start in three years from now. Currently, investments in the four gas liquefaction projects, located in the Governorates of Dumyat and Rosetta, amount to $4.3 billion.
Meanwhile, works to install a 278-kilometer long gas pipeline from the Egyptian border town of Al-Arish to the Jordanian port city of Aqaba have commenced, Minister Fahmi disclosed.
The pipeline will be extended for 18 kilometer under water of the Gulf of Aqaba, 850-meter down to reach the Jordanian mainland, added Fahmi. The export of natural gas to Jordan was agreed upon under an accord signed between the two states in June 2001. It is part of a bigger project to transport Egyptian gas to Jordan, Syria and Lebanon, said Fahmi. — (Mena report)
© 2001 Mena Report (www.menareport.com)