The Egyptian General Petroleum Corporation (EGPC), in partnership with Italy’s Eni and Russia’s Lukoil, will build a natural gas-processing plant in Egypt with total investment of USD700mn. According to Mohamed Al-Kaffas, the Chairman of Agiba Petroleum, the plant will be located in the Western desert, with a capacity to process 100mcf/d. Kaffas added that the construction of the plant is expected to commence before the end of the current year, immediately after getting the governmental approval, and end after three years. Agiba Petroleum, a joint venture between EGPC and Eni, will dig 28 new natural gas wells that will enter production in tandem with the new station, Kaffas noted.