Egypt and Libya are reportedly nearing a deal to build an 800-kilometer oil pipeline connecting Tobruk with Alexandria, creating a direct route for growing Libyan crude production to reach Egyptian refineries as the war with Iran disrupts Egypt’s traditional Gulf supplies. The proposed pipeline would cost more than $1 billion, according to a government official who spoke to Asharq Bloomberg on condition of anonymity. The two countries are now studying financing, implementation and the pipeline’s
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