Middle East Economic Survey

VOL. XLVIII

No 16

18-April-2005

EGYPT

Egypt Seeks Cooperation With Kuwait On Petrochemicals

Egyptian Oil Minister Sameh Fahmy has said that Egypt would like to cooperate with Kuwait in the establishment in Egypts Port Said Governorate of a major petrochemical project costing some $2.5bn. The minister added that the project was in the final stages of discussion, with capacity under consideration of not less that 10mn tons/year. He also said that Egypt would like to...