Egypt Gasco plans to invest EGP9bn to improve local gas grid -Report
Zawya
Mainly state-owned Egyptian Natural Gas Co., or Gasco , plans to invest 9 billion Egyptian pounds ($1.49 billion) to improve the efficiency of the country's gas network and to implement new projects on the grid, Cairo-based Al Masry Al Youm daily reports Saturday citing an executive.
Gasco spent EGP10.5 billion on the gas grid in the last decade, Khaled Abd Elbadie, the company's chairman said, according to the paper.
The daily cites Abd Elbadie as saying that his company has launched the second phase of its gas complex in the Western Sahara which aims to boost the daily capacity of the complex to 900 million cubic feet, from 600 million cubic feet. He added that the overall investment in the project's two phases totals about $400 million.
EGYPT NEWS
Video
Spot Lights
Ministers in Prime Minister Hisham Qandil's cabinet following the recent reshuffle (new appointees are in italics): 1. Minister of Agriculture Ahmed Mahmoud Ali El-Gizawi2. Minister of Antiquities Ahmed Eissa3. Minister of Aviation Wael Maadawi4. Minister of Communication Atef Helmy5. Minister of Culture
AP— April 15, 2013: Two bombs explode in the packed streets near the finish line of the Boston Marathon, killing three people and injuring more than 140.— January 17, 2011: A backpack bomb is placed along a Martin Luther King Day parade route in Spokane, Washington, meant to kill and injure participants in a civil rights march, but is found and disabled before it can explode. White
The convenient marriage between Iran and the Arab left would have been unthinkable only a few years ago, given the traditional ideological paradoxes between patriarchal Persian Shiism, on the one hand, and leftist orthodoxy on the other.Indeed, a casual viewer of Hizbullah's Al-Manar television, or the Iranian-funded Al-Mayadin TV, these days would probably think that the two Shia propaganda
"Abdullah's appointment was done via constitutional decree; it was a sovereign act by the head of the executive and therefore cannot be reversed by court ruling," said one leading FJP/Brotherhood figure. His comments echoed earlier assertions by Brotherhood lawyer Abdel-Moneim Abdel-Maksoud.The return of former prosecutor-general Mahmoud is "not going to happen," according to several government
