• Short Summary

    The contract for the construction of the Suez-Mediterranean oil pipelines (SUMED) was signed in Cairo on Saturday (31 July).

  • Description

    The contract for the construction of the Suez-Mediterranean oil pipelines (SUMED) was signed in Cairo on Saturday (31 July). Two 42-inch parallel pipelines will run from south of Suez to a point just west of Alexandria--by-passing the Suez Canal, blocked since the June war of 1967. The project is estimated to cost 280 million dollars (117 sterling) and could be completed in about two and a half years.

    The contract was signed by Dr. Aziz Sidqi, Deputy Premier for Industry and Oil, and Maurice Cancelloni, representing the consortium that will carry out the project, Minister of Petroleum Ali Wali attended the signing ceremony.

    SYNOPSIS: Months of negotiations came to an??? end in Cairo on Saturday, with the signing on a contract for the building of he Suez-Mediterranean oil pipelines, SUMED. Maurice Cancelloni, representing the consortium that will build the two forty-two inch pipelines, signed the contract along with other delegates from the international consortium. The parallel pipeline??? will run from south of Suez to a point just west of Alexandria -- by-passing the Suez Canal, blocked since the June war of 1967.

    Representing the U.A.R. at the signing ceremony were Minister or State for Oil and Mineral Resources, Ali Wali,and Dr. Aziz Sidqi, Deputy Premier for Industry and Oil. The project, to cost two-hundred and eighty million dollars will take about two and a half years to complete. Annual capacity for the pipelines will be eighty-million tons, to be increased eventually to one-hundred and twenty million tons. The international consortium carrying out the project includes Britain, France. Italy, Holland and Spain.

  • Tags

  • Data

    Film ID:
    VLVAF4A5561B9W85FDWOFN3FR21AO
    Media URN:
    VLVAF4A5561B9W85FDWOFN3FR21AO
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    01/08/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:12:00
    Time in/Out:
    /
    Canister:
    N/A

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