Cairo – Mubasher: Egypt Gas has signed a $13 million contract with Engineering for the Petroleum and Process Industries (ENNPI) to set up a steel pipeline in Jordan.

Scheduled to be started this year, the project will be completed by 2020, according to a statement to the Egyptian Exchange (EGX) on Thursday.

With a total length amounted to 17 kilometres, the pipeline will be carried out for Jordanian Egyptian Fajr For Natural Gas Transport And Supply, the EGX-listed firm said. 

Over the full year 2017, Egypt Gas’ profits recorded EGP 25.6 million up from EGP 24.14 a year earlier.