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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 6 sources · 11 days · First seen · Last updated
Egypt-UAE Fujairah Alamein energy partnership
Overview
Egypt and the United Arab Emirates have moved to establish the Fujairah Alamein Oil and Gas company, transitioning the project from the planning phase to implementation. The company will manage a logistics zone at the Al Hamra Petroleum Port in New Alamein, dedicated to the receipt, storage, trading, and handling of crude oil and petroleum products.
Following the official establishment of the company, Egyptian Prime Minister Mostafa Madbouly and Mohamed Saeed Al Dhanhani, Director of the Emiri Diwan of Fujairah, met to discuss accelerating the project’s operational phases. A central component involves the creation of a special free zone in Alamein New City. The partnership aims to leverage Egyptian infrastructure and Fujairah’s expertise to strengthen Egypt’s position as a regional energy hub.
Entities
Al Hamra Petroleum Port · New Alamein · Fujairah Alamein Oil and Gas · Fujairah Alamein Oil and Gas Company · Alamein New City
Timeline
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11 days ago
[BUSINESS] 2 sourcesEgypt and Fujairah advance Alamein oil and gas projectEgypt and the Emirate of Fujairah are advancing the ‘Fujairah Alamein’ oil and gas project, which includes establishing a special free zone in Alamein New City for petroleum storage and trading.
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22 days ago
[BUSINESS] 4 sourcesFujairah Alamein Oil and Gas established in EgyptEgypt and the UAE have established Fujairah Alamein Oil and Gas to manage petroleum storage and trading at Al Hamra Petroleum Port in New Alamein, strengthening regional energy logistics.
Sources
alahalygate.com · alborsaanews.com · elaosboa.com · elbalad.news · mebusiness.ae · petro-news.com