This joint project aims to explore, extract, and sell natural gas and condensates produced by the relevant fields in Egypt.
The investment will be injected in Egypt during the next 3 to 4 years, a BP spokesperson told Bloomberg
President El-Sisi also stressed the importance of international companies and the private sector’s contribution in the fields of oil, gas, and renewable energy, as it aligns with Egypt's aspiration to become a regional hub for oil production and energy trading.
