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Suez Port Said pipeline eyed to move Middle East oil
An AP Newsfeatures story outlines a potential Suez Port Said pipeline as an alternative to the Cape route. Nasser aims to keep Egypt central in oil flows while Europe and big oil firms show caution but may concede for speed and cost savings. A 103 mile line could speed delivery, cut transit risk, and boost Egyptian revenue, with stock mostly Egyptian and tied to Western buyers.
MENTIONED IN THIS ARTICLE
Nasser
Middle East
Europe
Egypt
Persian Gulf
Cape of Good Hope
Israel
Gulf of Aqaba
Beersheba
Mediterranean
Suez-Port
Angelo Natale
Suez Canal
Wester i
Cairo
Sinai Desert
Itgie
Oil Council
Panies
Suez
Gulf of Aden
Red Sea
Turkey
Cape