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PM: Egypt's infrastructure unmatched in the region
Egyptian Prime Minister Mostafa Madbouly confirmed that Egypt possesses a unique groundwork infrastructure in the Middle East, including two liquefied natural gas (LNG) plants in Edko and Damietta. The Edko plant is the largest, with a cost exceeding ten billion dollars, helping to position Egypt as a regional energy and gas hub. He pointed out that there are new investments and discoveries in the energy sector set to come online soon. The country's efforts are focused on strengthening Egypt's role as a regional gas hub, including linking the largest well in Cyprus to the Edko plant for gas export.
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