Egypt to build steel pipeline in Jordan
(MENAFN) A USD13 million deal has been signed between Egypt and Engineering for the Petroleum and Process Industries (ENNPI) to build a steel pipeline in Jordan.
Set to start this year, the project will be finished by 2020, according to a statement to the Egyptian Exchange (EGX) on Thursday.
With a total length amounted to 17 kilometres, the pipeline will be carried out for Jordanian Egyptian Fajr For Natural Gas Transport And Supply, the EGX-listed firm said.
Over the full year 2017, Egypt Gas' profits recorded EGP 25.6 million up from EGP 24.14 a year earlier.
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.