Petroleum Africa
Find us on: 
Monday, September 15, 2014
The Egyptian government expects to see $425 million in funding from the Islamic development Bank. The funds will be used to develop a refinery at Assiut and an airport in Sharm el Sheikh on the Red Sea.
Of the $425 million, $198 million is slated to be used for the refinery and $8.23 million goes toward the first phase of the Sharm el Sheikh airport. A further $223 million for the airport project.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
