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Egyptian Petroleum Minister Urges Promoting Oil Exploration Activities

Source: www.export-egypt.com 9/15/2015, Location: Africa

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Minister of Petroleum and Mineral Wealth, who had been designated by President Abdel Fattah El-Sisi to form the new government, Sherif Ismail stressed the importance of cementing the activities of oil and gas exploration to up the production and give an impetus to the national economy.

In statements while presiding over the General Assembly of the Ganoub el-Wadi Petroleum Holding Company (Ganope) and the Egyptian Petrochemicals Holding Company (ECHEM) to review the outcome of the FY 2014/2015, the minister pointed out the promising opportunities available for investors in the oil domains.

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