Egypt-Libya company to fit Libyan cities with Egyptian natural gas
Egypt-Libya, Economics, 4/19/2003
Egypt's Minister of Petroleum, Sameh Fahmi said the coming few months would witness active Egypt-Libya oil cooperation due to putting into effect a number of agreements already signed by the two countries.
An Egyptian-Libyan oil and natural gas company was set-up at capital of $ 100 million, 50% of which were financed by Libyan side.
The company operates the execution of natural gas pipelines, he added.
The company will also carry the Egyptian natural gas from Egyptian western desert fields to Libyan cities.
Top Egyptian and Libyan engineers have studied a number of new projects including carrying Libyan oil for refinement in Egyptian facilities, he said.
Ebeid, Shamekh discuss economic integrity projects between Libya, Egypt
Ebeid probes oil strategic plan with Libya
Egyptian-Libyan oil, gas company's inaugural assembly
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info