Economic

Egypt Signs U.S.$12 Billion Deal With British Energy Giant BP

“Egypt’s Petroleum Minister Sherif Ismail signed an energy deal worth $12 billion (91.5 billion Egyptian pounds) with energy firm British Petroleum (BP) on Saturday. The deal will see the British energy giant develop 5 trillion cubic feet of natural gas and 55 million barrels of condensates in the West Nile Delta area.”

Source: allAfrica.com: Egypt Signs U.S.$12 Billion Deal With British Energy Giant BP

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