CAIRO – 27 December 2017: Minister of Investment Sahar Nasr signed an agreement with the European Bank for Reconstruction and Development (EBRD) to provide a $200 million loan to the Egyptian Natural Gas Holding Company (EGAS).
Focusing on improving the gas pipeline and transmission network of Egypt, the EBRD said on its website that the loan will be directed to installing waste heat recovery, turbo-expanders, gas metering data systems infrastructure and liquefied petroleum gas (LPG) separation plant as well as carbon dioxide removal from wet…