44 Days
Source:
المصري اليوم
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Parliament's Energy Committee Approves 4 New Gas and Oil Deals
The Energy and Environment Committee of the House of Representatives approved four draft laws that allow contracting with companies operating in the field of exploring and developing gas and petroleum in various regions. The goal is to support exploration activities, increase production rates, and strengthen the country's energy resources while attracting investments. The agreements include licensing for contracts in areas such as the Eastern Mediterranean Marine, North Tanta, North Sinai, and the Eastern Desert, aiming to develop and exploit the oil and gas riches in these regions. These measures aim to enhance the production of gas and oil, expand exploration and development activities in promising areas, and contribute to the strengthening of national energy resources and the country's resources overall.
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