Natural gas is being supplied to 110 tourist facilities in Egypt’s Sharm El-Sheikh, with investments worth 250 million Egyptian pounds ($15.8 million), Oil Ministry announced on Saturday.
This came in a report Minister of Petroleum Tarek el-Mollah received from Sinai gas CEO Mohamed Anwar on Saturday, as the report pointed out that the three-stage project comes within the framework of ministry’s efforts to develop Sinai peninsula, according to MENA.
It said out that 90 percent of the first stage of the project has been fulfilled.
The report indicated that the project would contribute to the promotion of tourism and provide more job opportunities through the use of natural gas as alternative fuel, said a statement issued by the Ministry.
It added that natural gas will also be supplied to houses in the city of Arish in north Sinai and that the city citizens will enjoy facilitation in the supply service as they will pay the dues in installments over six years.
