Egypt signs $200M agreement with EBRD for energy efficiency

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CAIRO – 27 December 2017: Minister of Investment Sahar Nasr signed an agreement with the European Bank for Reconstruction and Development (EBRD) to provide a $200 million loan to the Egyptian Natural Gas Holding Company (EGAS).

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Image processed by CodeCarvings Piczard ### FREE Community Edition ### on 2017-12-27 09:59:56Z | http://piczard.com | http://codecarvings.com

Focusing on improving the gas pipeline and transmission network of Egypt, the EBRD said on its website that the loan will be directed to installing waste heat recovery, turbo-expanders, gas metering data systems infrastructure and liquefied petroleum gas (LPG) separation plant as well as carbon dioxide removal from wet…

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