EGYPT
Egypt: Leadership Changes Buffet Oil Sector
Egypt has appointed a new head of state oil firm EGPC and its fourth oil minister since the 2011 revolution. Political connections, rather than industry experience, appear key to the appointments.
Egypt’s oil ministry on 20 May named Tarek al-Barkatawi as the new head of state oil behemoth EGPC, replacing Sharif Haddara who earlier this month was promoted to become oil minister, taking the place of...
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