Nasr was quoted during a recent seminar on the Mansa platform, to educate companies exporting to Africa on how to benefit from the Mansa platform
The investments will include a distribution of EGP 48.7 billion for extraction activities, at a rate of 75%
Crude oil exports increased to $399 million during this year’s first quarter, compared to $325 million in the same period last year
He also highlighted that most countries of the world are now adopting natural gas as the best fossil fuel with friendly characteristics
The sector’s growth rate of 25 percent during 2020 was a result of growing self-sufficiency in gas production and its ability to export natural gas
