Latest in Tag: Liquefied Natural Gas Highlight

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Latest in Tag: Liquefied Natural Gas

Ministry of Finance refuses to finance import of liquefied gas

By Ahmed Tolba A meeting will be held in the coming days between officials from the ministries of Oil, Finance, and Electricity to agree on a solution to issues threatening the implementation of agreements to import liquefied natural gas in order to meet Egyptian power stations’ needs for fuel. An official from gas holding company …

Daily News Egypt

Petroleum ministry proposes petrochemical projects worth $540m to UAE

Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum. The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tonnes of molasses annually, with investment in the project totalling $250m. The …

Mohamed Adel

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