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Country-Plan Projects and Tenders |
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6952 Subject |
1.7 مليار دولار قيمة الاستثمارات في مشروع تسييل الغاز بأدكو وبداية العمل لشركة بتروناس الماليزية Petronas of Malaysia is now expected to start operating its first natural gas liquification line at Edkou Complex early 2005 disposing on an annual design capacity of 4 million tons. |
| Date Published | Sunday, September 12, 2004 |
| Source Name | Al-Ahram |
| Location Name | Beheira |
| Description | Petronas of Malaysia is now expected to start operating its first natural gas liquification line at Edkou Complex early 2005 disposing on an annual design capacity of 4 million tons. Figure would increase upon the completion of the second line during the first quarter of 2006 to 7.2 million tons worth $ 600 million. Project total investment costs are put at $ 1.7 billion. Earlier media reports indicated that output of the first line is sold for 20 years to Gas de France, holding 5 % stake in the project. Other shareholders in the scheme, located 50-Km to the east of Alexandria, include BG of the UK, EGPC and the Egyptian Holding Co. for Natural Gas. Project would greatly boost both business and life in Edkou. |
| Sectors Section |
Beneficiary Sectors - Petroleum - Oil, Gas & Petrochemicals Production |
