Saturday 28 September 2013

Egypt seeks UAE funding for natural gas delivery | Economy | World Bulletin

Egypt seeks UAE funding for natural gas delivery | Economy | World Bulletin:

"Egypt has asked for a 1.3-billion pound funding from the United Arab Emirates (UAE) to fund the delivery of natural gas to 800,000 Egyptian homes, head of the state-run Petroleum Authority Tarek al-Mula told Anadolu Agency on Saturday.
Al-Mula said the project is part of a package of projects presented by the Egyptian government to the UAE for funding in the future.
The delivery of natural gas to the 800,000 homes will cost 3.2 billion Egyptian pounds, according to the data of the Egyptian Natural Gas Holding Company (EGAS)."

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