The Senegalese ambassador highlighted that several opportunities for joint investments are available in Senegal, especially after the oil discoveries that have been made in recent years.
The Automatic Pricing Committee for Petroleum Products will announce new prices for gasoline and diesel this week, sources at the Petroleum Ministry told Youm7 Saturday.
The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, which is located 1.5 km south of the main Arcadia field already in production.
The conflict results in the sabotage of infrastructure and utilities.
The two countries are also aiming to increase the volume of intra-trade and remove any obstacles in the flow of export goods between the two countries.
Egypt has executed a total of 37 development projects in the petroleum and mineral resources sector, worth total investments of LE431.3 billion, in the last two fiscal years.
Mustafa Sanallah, criticized the bank’s actions in his statements, describing them as a lack of transparency.
Molla added Wednesday that 14 new agreements were signed in several concession areas throughout Egypt during the period from March to October 2020.
This comes after the recent crisis caused by Saudi Aramco that sent its oil pledges to the Egyptian Ministry of Petroleum for the month of October.
The quantity was exported by Edco Liquefaction Factory.
In one of the 2020 Annual Meetings of the International Monetary Fund and the World Bank Group, Minister of Finance Mohamed Mait displayed figures on the performance of the Egyptian economy during the COVID-19 crisis and plans for the future.
The reserves of Al Sharara are estimated at three billion barrels, according to Sky News Arabia.
Ibrahim al-Faidi said Haftar's decision was meant to transport staffers and users of oil companies.
He stressed that Egypt has great ambitions to become a regional energy hub.
On September 28, a deal was reached to resume oil production and export.
The disagreement between Meshry and Maiteeq is not the first within the GNA.
Sixth others – worth $731 million - are underway.
The cabinet meeting tackled another number of projects in the fields of basic commodity supply, education, agricultural green houses, and seed productions.
In spite of the increasing care given to renewable energy, particularly solar and wind, bioenergy is still overlooked.
Abdel-Gawad attributed the hike in production to the implementation of a work program to improve the productivity and operation of obsolete wells, in addition to the drilling program for new exploration and development wells.