Egypt: US support for EMG pipeline


Issue 405 - 05 Dec 2019 | 1 minute read

The US International Development Finance Corporation has agreed to provide $430m in insurance for Noble Energy’s project to restore the 90km East Mediterranean Gas (EMG) pipeline to transport gas from fields offshore Israel. The agreement was signed on 23 November at the Investment for Africa Forum in Cairo after Noble Energy and its partners achieved financial close for the project.

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