VOL. XLIV

No. 21

21-May-2001

EGYPT

Egypt To Establish Natural Gas Holding Company; Alexandria Gas Export Company Formed

The Egyptian Government has approved the establishment of a natural gas holding company to develop private sector and joint-venture private-public investment in the production, transportation and distribution of gas. Chief Cabinet Secretary Ahmad Abu Talib said the idea was to separate gas and oil activity and that the new company would coordinate the activities of firms...