BP will contribute its interests in three development concessions, as well as exploration agreements and ADNOC will make a cash contribution to fund growth opportunities
The MoU also entails an exchange in experiences and best practices in natural gas extraction, storage, transportation and liquefaction
Egypt's petroleum refining sector thrives as self-sufficiency goals are met.
The gradual increase in production has resulted in a remarkable 57% growth in natural gas output during the period of 2021/2022.
Egypt's petroleum sector has witnessed remarkable achievements in the development and production of natural gas.