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EGYPT: WEPCO Opens the El-Hamra-Shamandoura Crude Oil Pipeline

EGYPT: WEPCO Opens the El-Hamra-Shamandoura Crude Oil Pipeline

Egypt has opened the eight-kilometre El-Hamra-Shamandoura crude oil pipeline a key route for developing the capabilities of the El-Hamra Petroleum Port on the Mediterranean Sea.

The eight-kilometre El-Hamra-Shamandoura crude oil pipeline which was inaugurated by Egyptian Prime Minister, Mostafa Madbouly was built at a cost of $100 million and is expected to increase the El-Hamra Petroleum Port’s shipping capacity  to 1 million barrels of crude oil per day (bpd).

A statement by the cabinet further says crude storage at El-Hamra has been increased by by 250,000 barrels to a total of 1.5 million barrels to accomodate crude oil from companies operating fields in the Western Desert.

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Source: OilnewsKenya

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