Middle East Economic Survey
Egyptian Natural Gas Company Gets 50Mn Loan From EIB For Pipelines
The Egyptian Natural Gas Company (GASCO) has received a loan from the European Investment Bank (EIB) worth 50mn for the construction of two natural gas pipelines, EIB announced on 7 July. The pipelines, with a combined length of 152km, will form part of Egypts national gas transmission system that conveys offshore and onshore gas throughout the country. EIB said the...