Monday, February 09, 2009
British Gas, Petronas, Edison to Invest $2.1B in Egypt
09.02.2009 [Neftegaz.RU] – The companies are British Gas, Malaysia's Petronas, and Italy's Edison, the Cairo-based Al Ahram daily reported citing Sameh Fahmy, Egyptian Petroleum Minister. The funds will be used to drill new production wells and to implement projects for the development of natural gas fields in West Delta, Rosetta, Rashid and Edko in the Mediterranean deep water, Fahmy said according to the daily. These fields currently cover 40% of Egypt's overall output, he added, Al Ahram reports.
# posted by Deval : 7:36 AM
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