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Partnering with Fujairah International to expand Al Hamra Port and double crude storage capacity as part of a larger infrastructure project.

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Gov’t sets up regular payouts for oil and power companies after clearing arrears
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Gov’t sets up regular payouts for oil and power companies after clearing arrears

Egypt has cleared arrears and set up regular payouts for oil and power companies while reshuffling FSRUs to boost short-term gas-import flexibility; international firms including US-based Excelerate Energy and Gulf storage players are involved in charters and storage-leasing talks.

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