PM discusses with Fujairah officials steps to complete implementation of “Fujairah-Alamein” oil, gas company project
He noted that completing the procedures for establishing Fujairah Alamein Oil and Gas Company and holding its inaugural general assembly meeting at the Al-Hamra Petroleum Port, affiliated with the Western Desert Petroleum Company (WEPCO) in New Alamein, comes within the framework of the firmly rooted strategic relations between Egypt and the UAE.
Madbouly made the remarks during a meeting at the government headquarters in the New Capital with Director of the Fujairah Amiri Diwan Mohammed Saeed al Dhanhani to follow up the procedures and steps required to complete implementation of the project following the establishment of Fujairah Alamein Oil and Gas Company.
The project will also involve storing crude oil using the storage facilities at Al-Hamra Petroleum Port in New Alamein, maximizing the economic benefits and returns from Egypt’s infrastructure and capitalizing on the port’s unique location and advanced infrastructure to make it a strategic hub for crude oil storage and transportation.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
