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Egyptian firms undertake $120 million Libyan power projects
Egypt-Libya, Economics, 10/4/2004
Egyptian firms are currently undertaking executing power projects in Libya at a cost of $120 million to raise electrical tension among the Arab Maghreb states from 220 to 400 and 500 KV in a way that will enable them to launch a linkage with Europe via Spain and Morocco, said Minister of Electricity Hassan Younes following meeting with his Libyan counterpart Omran Abu Karaa currently visiting Egypt.
The two Ministers discussed ways of boosting technical cooperation in the various power fields.
Talks also dwelt on the field of unconventional energy resources.
On his part, Abu Karaa lauded setting up the Arab Investments and Engineering Services Company which implemented its tasks in Libya.
The Egyptian-Libyan company managed to conclude some contracts in producing and transporting electricity through the Al-Gabal al-Gharbi power station and west Tripoli thermal station.
Previous Stories:
Egyptian companies to execute electricity linkage in Libya
(4/7/2004)
Egypt, Libya $300 million oil and gas company
(8/16/2003)
Egypt- Libya complete elimination of customs fees and restrictions
(8/13/2003)
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