Middle East Economic Survey


No 7



EPC Contract Set To Be Awarded For Gulf Of Suez NGL Plant

Dana Gas is moving ahead with the construction of a 120,000 tons/year NGL plant in Egypts Gulf of Suez, according to sources at the Sharjah-based firm (MEES, 4 June 2007). The project is being carried out by a joint venture company led by the Bahraini affiliate of Dana Gas (40%), in partnership with the state-owned Egyptian Natural Gas Holding Company (EGAS 40%) and the...