In his speech at the start of the conference today, he highlighted that Egypt is considered a regional hub in this sector, with gas refining capacities of approximately 40 million tons
According to Badawi, 11 new agreements have been signed with global companies for gas exploration and production, totaling a minimum investment of $925 million, with a signing bonus of $30 million.
From disruptions to Suez Canal revenues and tourism to the complexities of regional conflicts, Egypt has navigated through what Philippe Dauba-Pantanacce describes as a “perfect storm.”