6 February 2013

Egypt: U.S. $125 Million New Investments to Increase NLG Production

Petroleum Minister Osama Kamal said on Tuesday 5/2/2013 that a project to extract derivatives of Natural Liquefied Gas (NLG) in Ras Shuqeir is currently on operation.

The NLG extraction plant was established in cooperation with the Egyptian Bahrain Gas Derivatives Company in the Gulf of Suez at a total investment of $125 million, Kamal said while officially inaugurating the project.

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