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Egypt plans Alexandria petroleum products storage facility

Summary by AGBI
$600m initial investment Spanning 300,000sq m Contracts being finalised Egypt is planning an integrated logistics zone for storing and handling petroleum products at the Northern port of Alexandria, a Saudi news website reported on Monday. More than $600 million will initially be invested in the project, Asharqbusiness said, citing an unnamed Egyptian government official. The zone will span an area of around 300,000 square metres, including a 90…
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AGBI broke the news on Monday, April 27, 2026.
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