Spanish-Egyptian Gas Company to be established
A new joint venture, the Spanish-Egyptian Gas Company, will be established soon in the port city of Damietta, reported Xinhua News Agency.
This project, which will liquefy Egyptian gas to be exported to Spain and additional foreign markets, will be funded by $500 million investments.
The agreement is to be signed by both countries shortly. –(Albawaba-MEBG)
© 2001 Mena Report (www.menareport.com)