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Natural Gas Draft Agreement at Investments of USD 9 billion

Source: www.export-egypt.com 2/13/2015, Location: Africa

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Petroleum Minister Sherif Ismail announced that the Cabinet and the State Council approved a North Alex draft agreement on producing more than one billion cubic meters of natural gas at investments of about $9 billion in cooperation with the international BB Company.

The Minister added that the draft agreement will be submitted to the political leadership within the coming few days to be approved.

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