24 Hrs
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Petroleum Minister Advances Aphrodite Deal
The Egyptian Ministry of Petroleum discussed with Chevron the signing of the necessary agreements to connect the Cypriot Aphrodite field to Egyptian infrastructure, aiming to strengthen cooperation in the natural gas sector in the Eastern Mediterranean. The minister emphasized the importance of expediting the completion of the project to benefit from Egypt's capabilities, which include advanced infrastructure and abundant gas resources, while also looking forward to expanding the company's activities in exploration and research in the Western Mediterranean region. This comes as part of efforts to increase domestic gas production and boost investments in Egypt's oil and gas sector.
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