Middle East Economic Survey

VOL. L

No 13

26-Mar-2007

Lebanon

Petrojet Finalizes Contract For Five Storage Tanks In Lebanon

State-owned Electricité du Liban has finalized a contract with Egypts Petrojet for the installation of three 25,000 cubic meters fuel oil storage tanks and two 4,000 cu ms water storage tanks which were destroyed at the Jiyyeh power plant in Lebanon during the July-August war with Israel (MEES, 2 October 2006). The contract, initialed in September 2006, is worth around $15.4mn...