Offers to Exploit Kafr Al-Sheikh Tar Sands to be Reviewed This Month

Source: Al Masry Al Youm 7/3/2014, Location: Africa

Kafr al-Sheikh Governor Mohamed Ezzat Agwa said on 2/7/2014 that offers of the international bid to exploit the tar sands of the governorate would be reviewed this month.

The tar sands extend from Borg al-Brolos to Motobas on the international coastal road. “It is rich with radioactive and industrial materials,” Agwa said, adding that five local and international companies submitted offers, including the Arab Contractors Company, an Emirati company and an Egyptian-Arab investment company.

“We will choose the company that can best extract the raw materials and at the same time protect the environment,” he explained, adding that the Nuclear Energy Authority is handling the technical and scientific part of the project. For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects


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Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 


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