25 Oct 2012
(MENAFN) Egyptian Prime Minister Hisham Kandil said that Egypt was in talks with Qatar to import liquefied natural gas (LNG) to cover Egypt’s needs, Reuters reported.
He said that Egypt would use the LNG to cover its needs in the local market and to prevent using fuel oil which is currently used in electricity plants.
Recently, Algerian Foreign Minister Murad Mdelci said Algeria, which supplies Egypt with 50 percent of its gas needs, agreed to boost its gas exports by 50 percent.
Last month, Qatar said it would invest USD18 billion in tourism and industry projects in Egypt over the next five years, in a bid to support the battered economy.
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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