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Egyptian National and Strategic Development Projects: News and Updates

Egyptian gas reserves in the Red and Mediterranean region may exceed 400 trillion cubic feet..



Speaking of which...

Italian company discovers massive gas find off Egyptian coast: Report
Wednesday 27 June 2018 16:58 UTC

An Italian energy company has reportedly discovered a gas field off the Egyptian coast three times larger than one found in 2015 which was described as the largest ever found in he Mediterranean.

According to Egyptian Ministry of Oil officials cited in an Egyptian Independent report, Rome-based ENI will soon announce the Noor field find in the North Sinai Shorouk concession.

http://www.middleeasteye.net/news/i...ive-gas-find-egyptian-coast-reports-969358865
 
Egyptian gas reserves in the Red and Mediterranean region may exceed 400 trillion cubic feet..



Excellent news. The new location they've just discovered is going to make a huge additional impact to the already large LNG project out of Zohr which you mentioned above in post 324. This new one has even Israel turning its head lol. Imagine another field that has the potential to be much larger than Zohr? Rabenna Kareem!

And then there is this.

Egypt to build the largest Petrochemical Complex in the Middle East on an area of five million sqm in the economic zone of the Suez Canal in Ain Sukhna, creating 48,000 jobs. Things are looking up and up and up, ma bro, MashAllah wal Hamdulillah.

https://www.cnbcarabia.com/news/view/42277#.WzbKMIz20Sc.twitter
 
Excellent news. The new location they've just discovered is going to make a huge additional impact to the already large LNG project out of Zohr which you mentioned above in post 324. This new one has even Israel turning its head lol. Imagine another field that has the potential to be much larger than Zohr? Rabenna Kareem!

And then there is this.

Egypt to build the largest Petrochemical Complex in the Middle East on an area of five million sqm in the economic zone of the Suez Canal in Ain Sukhna, creating 48,000 jobs. Things are looking up and up and up, ma bro, MashAllah wal Hamdulillah.

https://www.cnbcarabia.com/news/view/42277#.WzbKMIz20Sc.twitter
our economy dont depend on oil or gas
 
Egypt inaugurates 1.1 bln USD cement, marble production complex

Source: Xinhua| 2018-08-16 00:10:23|

CAIRO, Aug. 15 (Xinhua) -- Egyptian President Abdel-Fattah al-Sisi inaugurated a cement and marble production complex worth 1.1 billion U.S. dollars south of Cairo on Wednesday.

The 500-hectare industrial complex is located 12 km north of the Upper Egyptian governorate of Beni Suef, official Ahram news site reported.

It took 21 months to complete the complex, which includes three cement plants with an annual production capacity of 12 million tonnes, it added.

http://www.xinhuanet.com/english/2018-08/16/c_137393220.htm
 

The project includes the Jalaleh road and its sub-links with a total length of 117 km, which aims to create an alternative secure traffic axis instead of the coastal road in the distance from Ain Sukhna to Zafarana.

The Jalaleh Resort is considered a qualitative step in the level of tourism services in Egypt in terms of integration of all elements of tourism from hotels, villas, chalets, water parks, recreational and commercial activities.

The city of Jalaleh is located on the highest hill of the Jalaleh plateau, which includes all services and facilities and the University of Jalaleh, which was world-class designed and has 13 faculties.


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