VOL. XXXVII

NO. 3

18-OCTOBER-1993

Egypt

Sumed To Triple Commercial Storage Capacity

In an effort to secure a growing share of the Mediterranean commercial oilstorage market, Sumed is planning to triple its commercial storage capacity as afirst stage, according to Sumed Chairman 'Ali Nazih. He said on 10 October thatconstruction of six new tanks (with a capacity of about 4.5mn barrels) willbegin early next year at Sumed's Mediterranean terminal of Sidi Kerir, boostingcommercial storage capacity to...