Since his appointment last July, Egypt’s oil minister Karim Badawi has talked a good game on improving the country’s investment climate in a bid to halt and potentially reverse a slump in oil and gas output (MEES, 30 August 2024).
In particular, firms have requested, and in many cases received improved terms – most recently Cairo agreed to pay key onshore producer Apache a higher price for new gas output (MEES, 15 November 2024), whilst Dana Gas also secured new and improved terms in a deal finalized last December. (CONTINUED – 1764 WORDS)
Read this article for free
Gain access to over 60-years of energy analysis and news
-
Delve into the details backed by data
-
Exclusive information from high-level officials
-
Assess future risks and opportunities
