🌍 Africa 10h ago · Daily News Egypt

Clearing partners’ outstanding dues marks turning point for boosting investment, production: Petroleum minister

Daily News Egypt
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Clearing partners’ outstanding dues marks turning point for boosting investment, production: Petroleum minister
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Petroleum and Mineral Resources Minister Karim Badawi said the regular settlement of partners’ dues, together with the incentives and corrective measures introduced by the government, has helped rebuild investor confidence and paved the way for increased drilling, exploration and field development, supporting efforts to boost domestic production and reduce the import bill.
Badawi made the remarks during a meeting with the heads and managers of international and Egyptian oil companies that are pa

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