Egypt to clear foreign partner arrears by end-June, targets fracking: Badawi

Egypt to clear foreign partner arrears by end-June, targets fracking: Badawi

Egypt will completely pay off all outstanding arrears owed to foreign oil and gas partners by the end of June, target hydraulic fracturing to boost production, and has announced a gas discovery with an estimated 2 trillion cubic feet of reserves, Minister of Petroleum and Mineral Resources Karim Badawi said. During an open dialogue with […] The post Egypt to clear foreign partner arrears by end-June, targets fracking: Badawi first appeared on Dailynewsegypt.

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