Suez Canal and Sumed: New transportation services keep Egypt at center of global oil trade

09/25/2006
When the idea of linking the Mediterranean Sea and the Red Sea with a navigable waterway first occurred to the Pharaohs, the commercial world was a far smaller place. As trade expanded over the centuries, so did the value of a route that would connect Europe, the Middle East, Africa and Asia that did not require a long trip around the southern tip of Africa.Turning that ancient idea into today’s reality took centuries and claimed many lives before Egypt’s Suez Canal was finally inaugurated in 1869. But it now is one of the world’s most strategic trade routes, shortening the distance between most of the world’s markets.At the heart of international trade and commerc...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected