PROJECTS-

The Finance Ministry is planning to present nine new PPP projects worth 39 bn to the PPP Supreme Committee next month, PPP Unit Head Ater Hanoura tells Al Borsa. The project pipeline comprises power transmission and wastewater treatment, with tenders for four substations worth a combined EGP 8 bn slated for launch this week.

ENERGY-

Cheiron is set to add 30 mcf/d of natural gas to the national grid from a newly drilled well in the West Bullurus concession before the end of July, Al Arabiya reports, citing a government official. Cheiron’s joint venture with the Egyptian Natural Gas Holding Company is finalizing processing and grid connection. A second well in the area is set to add another 20-25 mcf/d later this quarter, as Egypt taps into existing assets to boost output.

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