Egyptian Minister of Petroleum Sameh Fahmi said Thursday his country will carry out several natural gas projects in Libya, the state MENA news agency reported.
Earlier in the day, Fahmi held talks with visiting Secretary of Libya's General People's Committee for Electricity, Water and Gas Umran Ibrahim Abu-Kra'aa on means of boosting cooperation in the natural gas domain.
In cooperation with Libyan companies, Egypt's natural gas companies Petrojet, Enppi, EGAS and Town Gas will be tasked to implement the gas projects, said Fahmi.
Among the projects, Enppi will set up a 1,000-km gas pipeline in Libya with a 1.4-billion-U.S.-dollar investment.
In tandem with a Libyan conglomerate, EGAS will establish a pipeline to pump natural gas to more than 120,000 Libyan consumers.
The two neighboring countries have recently sped up cooperation in the filed of energy.
In early July, Egypt and Libya signed a strategic agreement with a number of projects, mainly in the sectors of electricity and energy, to boost cooperation between the two neighbors.
The projects, including a natural gas pipeline linking the two countries and an oil refinery west of the northern Egyptian port city of Alexandria, will help boost Libyan investments in Egypt to10 billion dollars in two years.
Source:Xinhua
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