Middle East Economic Survey

VOL. LIII

No 27

5-Jul-2010

SAUDI ARABIA

Egypts ENPPI To Build New Yanbu Storage Tanks

Egypts 97% state-owned Engineering for the Petroleum and Process Industries (ENPPI) has won a $400mn contract to build and install new petroleum storage tanks at the Saudi Arabian port of Yanbu, Egyptian state news agency MENA reported on 29 June. Egyptian Minister of Petroleum Sameh Fahmi said that the company would build 47 tanks of various sizes near the port, with combined storage...