Middle East Economic Survey

VOL. XLVIII

No 44

31-October-2005

EGYPT

Ivanhoe To Study Egypt GTL Project

Canadas Ivanhoe Energy on 25 October said it had signed a memorandum of understanding (MOU) with the Egyptian Natural Gas Holding Company (EGAS) to prepare a feasibility study covering the construction and operation of a gas-to-liquids (GTL) plant in Egypt, the countrys first. EGAS said it would commit 4.2 tcf of gas (600mn cfd) for the anticipated 20-year operating life of the plant if the study...