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$300 million investment for the second stage of the Arab gas pipeline

Source: www.oilegypt.com 4/9/2005, Location: Africa

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Cairo 9 April 2005 - Egypt’s minister of petroleum Eng. Sameh Fahmy held talks yesterday with the Syrian petroleum minister Mr. Ibrahim Hadad concerning the second stage of the Arab gas pipeline which is implemented by the Egyptian petroleum sector companies thought the Jordanian lands .

The second stage of the Arab gas pipeline is expected to be completed by the end of December 2005 with a total cost of $300 million.

The tow parties reviewed the economical and technical studies for the third stage of the Arab gas pipeline which will be extended through the Syrian land reaching the Turkish-Syrian borders.


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