EGYPT

Sumed Revenues Amount to $26.1mn in FY 1983-84 

The revenues of Sumed - the twin 42-inch, 320-km. oil pipeline linking 'Ain Sukhana in the Gulf of Suez to Sidi Kerir west of Alexandria on the Mediterranean - amounted to E£18.3mn ($26.1mn at the official rate of E£1.0 = $1.4286) in the fiscal year 1983-84, as compared with E£17.6mn ($25.1mn) in FY 1982-83, according to an article on transport and transit operations in Egypt published in the Cairo daily ...