Egypt
Egypt to set up new area for crude oil storage south of Cairo
Published on : 2022-06-12
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Egypt plans to set up new area for crude oil storage in El- Tebbin, south of Cairo, the petroleum ministry said in a statement on Sunday.
The project, with an estimated cost of 1.8 billion Egyptian pounds ($96.21 million), aims to receive crude from Ain Sokhna terminal on the red sea and pump it to Upper Egypt.