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Algeria to Double Butane Gas Exports to Egypt

Source: Al Masry Al Youm 1/17/2012, Location: Africa

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Algeria will double its butane gas exports to Egypt, Algerian Energy Minister Youssef Youssefy said during a meeting with the Egyptian ambassador to the country. In a meeting, Youssefy and Egyptian Ambassador to Algeria Ezz Eddin Fahmy discussed ways to cooperate in the energy sector in light of agreements signed back in 2008.

Exports will increase from 350,000 to 700,000 metric tons, Youssefy said. After the meeting, Fahmy said the two discussed ways to improve Egyptian-Algerian energy agreements, particularly with regard to the exploration and marketing of liquefied petroleum gas.

The officials discussed exchanging each country's experience with liquefied petroleum gas, electricity and mining, Fahmy said. The ambassador said Youssefy praised the Egyptian company Petrojet for its efforts in constructing gas pipelines that run from southern to northern Algeria. Petrojet had won an international tender in 2005 to implement five gas projects in Algeria at a cost of LE3.2 billion.

Egypt's imports of butane and liquefied petroleum gas, which are used to make natural gas, cost US$240 million during the first half of last year. The imports comprised 500,000 tons of butane and 70,000 tons of liquefied petroleum gas.

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