The petroleum ministry said in a statement on Sunday
PHOTO
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.
($1 = 18.7100 Egyptian pounds)
(Reporting by Ahmed Ismail, Writing by Moataz Mohamed;Editing by Elaine Hardcastle)
Reuters
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