Middle East Economic Survey

VOL. LII

No 24

15-Jun-2009

LIBYA

Taqa Arabia To Build Infrastructure To Supply 370,000 Libyan Households With Gas

Reflecting the growth in Libyas domestic gas consumption, Taqa Arabia, the energy distribution subsidiary of Egyptian private equity firm Citadel Capital, was awarded a $118mn contract on 31 May to build infrastructure to supply natural gas to 370,000 households in Tripoli, Benghazi and Misurata. The contract, which marks Taqas entry into Libya, calls for the...