The company's latest global bid was launched for the year 2024 in the field of natural gas research and exploration through the Egypt Upstream Gateway (EUG).
Egypt set a plan to pay the dues amounting to $3.2 billion in 3 installments during the current fiscal year, according to a government official who spoke to Asharq Bloomberg.
This unit is intended to receive liquefied gas shipments, convert them back to gas form, and integrate them into the national grid.
