Middle East Economic Survey
VOL. LII
No 6
9-Feb-2009
EGYPT
Gas Developments In Egypt’s Mediterranean Offshore Gather Pace
The exploration and development of Egypt’s gas-rich Mediterranean offshore are gathering pace. Minister of Petroleum Sameh Fahmy last week announced that BG, Edison and Petronas have earmarked $2.1bn of new investment to raise output at the deepwater gas fields they operate there. This figure is additional to the $1.7bn that Edison has committed to...
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