UK committed to developing Egyptian oil and gas industry

Sun, 19 Feb 2017 - 02:17 GMT

Egypt seeks to repay arrears to foreign oil companies by 2019 and boost its domestic production to offset oil and gas imports

$13 billion new British investments in Egypt over next 5 years

Sun, 19 Feb 2017 - 02:14 GMT

British Petroleum is adding to its $30 billion investments in Egypt with a further $13 billion over the next five years, the British embassy in Cairo said in a statement last week prior to the start of the first-ever Egypt Petroleum Show (EGYPS2017).