Übersicht
Construction of a world scale methanol plant with a nominal capacity of approximately 1.3 million tonnes per annum, inclusive of supporting utilities and infrastructure.
The project will allow Egypt to utilise and to add value to a part of the proven large Egyptian reserves of natural gas. It will have beneficial effects on employment and generate foreign exchange revenue for the country. The project entails technology transfer through the participation of a leading private sector company.
Environmental Impact Assessment (EIA) procedures are to be carried out in accordance with national legislation which, given the technical characteristics of the project, requires a full EIA with formal public consultation, in line with the requirements for this type of project within the EU (Annex I of Directive 97/11/EC).
The promoter will apply EIB guidelines for international procurement procedures, where appropriate.
Manufacturing.