The House of Representatives’ Legislative Committee approved yesterday the Egypt-Cyprus agreement to establish a natural gas pipeline connecting Cyprus’ Aphrodite natgas field to liquefaction plants at home, according to Youm7.
The pipeline will be used to bring in natgas for re-export to Europe, a key element of Egypt’s bid to become an energy hub for the Eastern Mediterranean.
The committee also approved a USD 65 mn grant from USAID to support water infrastructure, and a KWD 100,000 grant from the Arab Fund for Social and Economic Development to purchase equipment for the Theodor Bilharz Research Institute in Giza.
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