Wednesday, 01 December 2021 01:14 GMT

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.

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