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| *Travel Tips>>>Egypt Travel Tips |
Natural resources in egypt? |
Travel Info where do we find the number of natural rescoures in egypt? Travel Tips Natural Resources In addition to the agricultural capacity of the Nile Valley and Delta, Egypt's natural resources include petroleum, natural gas, phosphates, and iron ore. Crude oil is found primarily in the Gulf of Suez and in the Western Desert. Natural gas is found mainly in the Nile Delta, off the Mediterranean Sea shore, and in the Western Desert. Oil and gas accounted for approximately 7% of GDP in fiscal year 2000-01. Egypt's excess of natural gas will more than meet its domestic demand for many years to come. The Ministry of Petroleum and Mineral Resources has established expanding the Egyptian petrochemical industry and increasing exports of natural gas as its most significant strategic objectives. Egypt and Jordan agreed to construct the Arab Gas Pipeline from Al Arish to Aqaba to export natural gas to Jordan; with its completion in July 2003, Egypt began to export 1.1 bcm of gas per year. Total investment in this project is about $220 million. In 2003, Egypt, Jordan and Syria reached an agreement to extend this pipeline to Syria, which possibly could mean a future connection with Turkey, Lebanon and Cyprus. In addition, the East Mediterranean Gas (EMG), a joint company established in 2000 and owned by Egyptian General Petroleum Corp. EGPC (68.4%), the private Israeli company Merhav (25%) as well as Ampal-American Israel Corp. (6.6%), has been granted the rights to export natural gas from Egypt to Israel and other locations in the region via underwater pipelines from Al 'Arish to Ashkelon which will provide Israel Electric Corporation (IEC) 1.7 bcm of gas per year. Gas supply is expected to start in the first half of 2007 Others please explain ur meaning I tried to get you better answer ,but that what i can reach now: Economic summary: GDP/PPP (2005 est.): $339.2 billion; per capita $4,400. Real growth rate: 4.7%. Inflation: 4.3%. Unemployment: 10%. Arable land: 3%. Agriculture: cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats. Labor force: 21.34 million; agriculture 32%, industry 17%, services 51% (2001 est.). Industries: textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons, construction, cement, metals, light manufactures. Natural resources: petroleum, natural gas, iron ore, phosphates, manganese, limestone, gypsum, talc, asbestos, lead, zinc. Exports: $14.33 billion f.o.b. (2005 est.): crude oil and petroleum products, cotton, textiles, metal products, chemicals. Imports: $24.1 billion f.o.b. (2005 est.): machinery and equipment, foodstuffs, chemicals, wood products, fuels. also you can see more information on this link: http://www.world-capitals.com/egypt/... If my answer is good , please give me the best answer, thanks what kind of resources do you mean ? |
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