Egypt signs 8 gas exploration contracts worth $934M over 15 months

  • Date: 21-Sep-2020
  • Source: Egypt Today
  • Sector:Oil & Gas
  • Country:Egypt
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Egypt signs 8 gas exploration contracts worth $934M over 15 months

Gas field in Egypt - REUTERS







CAIRO – 20 September 2020: The Ministry of Petroleum and Mineral Resources announced that five gas exploration contracts were signed in FY2019/2020, and three others were signed in the first quarter of FY2020/2020.

 

The total size of investments indicated in the eight contracts is worth $934 million. As such, the total number of active