North Alexandria Gas Project To Start Implementation With $ 10 Bln Investments

A committee from the Petroleum Authority officials and the Egyptian Natural Gas Holding Company (EGAS) will hold a meeting next with officials from British Petroleum (BP) to agree on the final details before starting the implementation phase on the gas fields north of Alexandria which will have an estimated investment of $ 10 billion according to Ahram Gate.

Sherif Samy, Minister of Petroleum, declared that they will agree on the timetable for the implementation of the project and will try to link to the national network of natural gas starting in 2017.

Source: Ahram Gate

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