Lukoil Is Discussing New Projects In Egypt
Lukoil is interested in expanding its work in Egypt and is discussing new concession areas, the country’s Minister of Petroleum and Natural Resources Tarek El-Molla told reporters. “They are good partners and they want to increase business in Egypt, they are discussing new concession areas,” he said. The minister noted …
Rosneft and EGPC Agreed on the Term Sheet of Oil Products and LPG Future Supplies
Rosneft Chairman of the Management Board Igor Sechin and Egyptian General Petroleum Corporation (EGPC) General Director Tarek El-Molla signed a Term Sheet for prospective supplies of oil products and liquefied petroleum gas (LPG) delivered by Rosneft to the Egyptian company. The document, signed in continuation of agreements reached at the …
Igor Sechin Held Talks in Egypt
On May 31, as part of his business trip, Rosneft Board Chairman Igor Sechin met Sherif Ismail, Egyptian Minister of Petroleum and Mineral Resources, and Tarek El Molla, Board Chairman of Egyptian General Petroleum Corporation (EGPC). During the meeting the parties discussed development of cooperation between Egyptian companies and Rosneft. …