Wednesday, December 13, 2017

Edison: More Egypt Gas Awaits Discovery

Posted by February 14, 2017

The chief executive of Italian energy group Edison said on Tuesday he is confident more gas discoveries will be made in Egypt in the next three years.

Edison has signed a $86 million agreement with state-run Egypt Natural Gas Holding (EGAS) for natural gas and oil exploration in the Mediterranean, the Egyptian Petroleum Ministry said on Jan. 5.

Reporting by Lin Noueihed 

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