1 Day
Source:
المصدر
Egypt signs financial deal for Aphrodite gas project
The Egyptian Ministry of Petroleum and the Cypriot Ministry of Energy signed a financial scheme agreement for the Aphrodite gas field connection project to Egyptian infrastructure. The goal is to accelerate the implementation of the project and to transfer the produced gas to Egypt for processing and liquefaction. This enhances cooperation in the natural gas sector between the two countries and generates greater economic value from Eastern Mediterranean resources. The agreement aims to facilitate gas transportation and develop infrastructure, in addition to signing a memorandum of understanding between Saipem of Italy and Modern Drilling Egypt to strengthen technical and technological cooperation between Egyptian and international companies operating in the field.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)