$90 million-loan to finance natural gas pipelines

  • $90 million-loan to finance natural gas pipelines

    $90 million-loan to finance natural gas pipelines

    Monday, 12th February 2007
    The Arab International Bank (AIB) has sealed a loan agreement with the Egyptian Natural Gas Holding Company (EGAS) to finance the company’s plan to install two natural gas supply lines in the distance from Taba to Sharm El-Sheikh and Shokair to Hurghada with total investments of $90 million.