Middle East Economic Survey

VOL. XLVIII

No 16

18-April-2005

ALGERIA

Studies For Medgaz Project Get EU Funding

The EU will provide 2mn to finance technical and optimization studies for the Medgaz pipeline, the consortium that will build, own and operate the pipeline, Medgaz SA, reported on 7 April. The financial aid was granted within the framework of Trans-European Networks for Energy (TEN-E), after the project was considered one of the most important ones for the security and diversification of...