Two Egyptian Pipelines to Start Operations in 2019
The Petroleum Pipelines Company (PPC) is close to finishing the double-line Ras Bakr-Assuit pipeline.
The Petroleum Pipelines Company (PPC) is close to finishing the double-line Ras Bakr-Assuit pipeline.
Wren House, the UK investment arm of Kuwait’s sovereign wealth fund (KIA), has agreed to purchase the pipeline firm North Sea Midstream Partners (NSMP) from ArcLight Capital for roughly $1.7 billion.
Italian energy industry contractor Saipem has secured a $1.3 billion pipeline project for work in the Middle East offshore engineering and construction sector.
Egypt plans to sign a joint agreement with Cyprus to construct a direct pipeline from the Cypriot Aphrodite natural gas field to Egypt.
Oman and Iran have agreed to finalize a cooperation pact for an offshore pipeline project from the Islamic Republic to Sohar Port in northern Oman.
Fajr Egypt Company has started construction on a 55 kilometer natural gas pipeline in Jordan.
Iraqi Ambassador to Egypt, Habib Al Sadr, announced that his country’s government is studying the establishment of a new oil pipeline connecting Iraq to Egypt, passing through Jordan.
Iran is set to establish onshore extension to its major gas pipeline project, which would transport natural gas from the Persian Gulf to South of the Sea of Oman.
Egypt is implementing a butane storage project in Suhag with storage capacity 6,000 tons of butane, which is equivalent to 600,000 butane cylinders.
Egyptian and Jordanian companies signed two energy-sector Memoranda of Understanding.