VOL. XLV

No 2

14-January-2002

EGYPT

BOOT Option Dropped For Large-Scale Nubariyah Power Project

The Egyptian Government announcedon 8 January that it had decided to abandon plans to develop the proposed 1,500mwpower project at Nubariyah, between Cairo and Alexandria, on a build, own,operate and transfer (BOOT) basis. Instead, the project will be developed intwo stages, with the first the setting up of a 750mw combined cycle gasturbine (CCGT) facility being funded by Arab and international...