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Parliament Approves 4 Oil and Gas Laws
The House of Representatives has officially approved a bill aimed at strengthening research and exploration activities in the oil and natural gas sector, with the goal of increasing production rates and boosting the country's energy resources. The projects involve contracting with Egyptian and foreign companies to invest in various areas, including North Sinai, the Nile Delta, the Mediterranean Sea, and the Eastern Desert, for the purpose of exploring and exploiting gas and crude oil. This initiative is intended to attract investments and maximize the utilization of natural resources.
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