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Madbouly: Edco Gas Station a $10B asset
Prime Minister Mostafa Madbouly affirmed that the Edco Natural Gas Liquefaction Plant is considered one of Egypt's most important strategic assets in the energy sector. The cost of building a similar plant exceeds $10 billion, reflecting its economic and strategic significance. He pointed out that advanced infrastructure has strengthened Egypt’s position as a regional energy hub, with many neighboring countries relying on Egypt for gas exports. There is also a plan to connect Cypriot gas to the Edco plant for liquefaction and future export.
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