Middle East Economic Survey

VOL. LII

No 38

21-Sep-2009

EGYPT

Egypt In Upstream Gas Push, With Eight Development Projects Worth $2.2bn

Egypt hopes to maintain investment levels in its natural gas industry during the current fiscal year, with plans, highlighted by senior Egyptian officials at last week’s annual general meeting of the state-owned firm EGAS, to carry out new exploration programs and boost gas output. The company’s Chairman Mahmoud Latif said that the successful...