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EOG-Newspaper-March-2017-Issue.pdf

🔗 Source: egyptoil-gas.com

📊 Size: 3.58 MB

📄 Pages: 44 pages

⬇️ Downloads: 92

Summary

Egypt's oil and gas sector has marked a new start with the Egypt Petroleum Show (EGYPS 2017), where major international oil companies (IOCs) plan to increase investments, expecting new discoveries. Apache will continue investing in Egypt's unconventionals, and the country aims to develop these hydrocarbons commercially. The show highlighted new alternatives to conventional segments, including shale and tight oil and gas. Egypt has launched exploration activities in unconventional resources, with Apache at the forefront. The country aspires to become energy independent and a net exporter of natural gas, with estimated reserves of 30 tcf in the Mediterranean Sea. The government plans to reschedule debt payments to IOCs, aiming to pay off the entire debt by 2019, and create an attractive investment environment to secure foreign investments and complete development and exploration plans.

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Description

Egypt's oil and gas sector has marked a new start with the Egypt Petroleum Show (EGYPS 2017), where major international oil companies (IOCs) plan to increase...

Technical Information

File Format: PDF
File Size: 3.58 MB
Pages: 44
Language: EN
Total Downloads: 92
Last Updated: 7 days ago

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