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5066 Subject |
20 اتفاقية جديدة بترول بقيمة استثمارية 330 مليون دولار Twenty petroleum concession agreements to be signed during the first half of 2004 with different international groups & consortia providing for $ 330 million committed investments & $ 19 million signature bonus. |
| Date Published | Monday, January 05, 2004 |
| Source Name | Al-Ahram |
| Location Name | Country Wide |
| Description | Twenty petroleum concession agreements are to be signed during the first half of 2004 with different international groups & consortia providing for $ 330 million committed investments & $ 19 million signature bonus. They cover different areas in the Suez Gulf, the Western Desert & the Red Sea, also 4 other areas in the Mediterranean & two areas in the Southern Valley. That was announced by Egypt Minister of Petroleum, Eng. Sameh Fahmy, indicating that the second half of 2003 has witnessed hitting of 18 petroleum finds (11 for crude oil & 7 for natural gas). |
| Sectors Section | Beneficiary Sectors - Petroleum - Oil, Gas & Petrochemicals Production |
