Agreement signed for oil terminal at Ain Sokhna
Minister Tareq El-Mulla
Cairo - MENA
Several projects are underway to resume the infrastructure for the transport and storage of petroleum products, Petroleum Minister Tareq el Mola said on Wednesday.
Mola made the remark during the signing ceremony of an agreement for an oil terminal at Ain Sokhna with investments worth $324 million.
The agreement was signed by Chairman of the Egyptian Natural Gas Holding Company (EGAS) Khaled Abdel Badea and Chairman of the Arab Petroleum Pipelines Company (SUMED) Khaled Saleh.
The project includes the establishment of a maritime platform with 2.2 km in length and from 15 to 19 meters in depth to receive liquefied natural gas (LNG) carriers and butane and mazut vessels.
The project will be established in two phases with the first to start operation during the first quarter of 2017, while the second in the second quarter of 2018.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:51 2019 Monday ,19 August
Live a frustrating atmosphere in your career
GMT 09:39 2019 Monday ,19 August
Live an important atmosphere in your career
GMT 14:35 2018 Tuesday ,23 October
Kremlin not welcoming termination of INF Treaty when no hints at new one exist
GMT 07:16 2017 Sunday ,02 April
Stella & Dot brings PR in-house
GMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankGMT 17:20 2012 Thursday ,24 May
Easy peach cobbler
GMT 17:51 2017 Monday ,24 July
Netanyahu holds meeting to discuss tensions with Jordan
GMT 14:33 2017 Monday ,10 April
A Makeup artist advises girls to go out without makeupGMT 09:16 2011 Wednesday ,23 November
Women\'s rights at stake in Morocco
GMT 14:44 2017 Tuesday ,19 December
SIS KG students engage in collage activity
GMT 09:56 2015 Monday ,02 March
Blast hits fireworks warehouse in SanaaGMT 09:25 2012 Wednesday ,24 October
Fatah claims Prince\'s visit intensifies dispute with Hamas
GMT 07:45 2017 Sunday ,12 November
Take a tour through the 'watery' town of Shimabara
GMT 11:26 2017 Monday ,11 December
Egypt’s Sisi meets with Palestinian president in Cairo on MondayGMT 10:04 2012 Tuesday ,28 February
Africa with new rainforest Spa rituals
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor