Sherif Ismael Ratifies 2 Gas DealsSource: www.export-egypt.com 3/14/2015, Location: Africa |
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Egypt's Petroleum Minister Sherif Ismael ratified two concession agreements that were signed with BP and the Italian Eni oil companies earlier this month.
Chairman of the Egyptian Natural Gas Holding Company (EGAS) said the deals aim to develop 110 billion cubic feet of gas resources to produce 100 million feet a day. Production s expected to begin in 2016. |
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