VOL. XLI
No. 40
5-October-1998
EGYPT
EIB Lends Egypt $84Mn For Gas Pipeline Project
The European Investment Bank (EIB) is lending ECU50mn (about $84mn) tothe Egyptian Company for Natural Gas (Gasco) to help finance the construction andcommercial operation of two gas pipelines, one on each bank of the Suez Canal, designed tocarry natural gas from Egypts fields in the Mediterranean offshore to the ' Uyun Musa power station in Sinai and to industrial and domesticusers in the Suez area. The...
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