British Petroleum (BP) plans to invest about $ 3.5 billion in the Egyptian oil and gas sector over 3 years.
During a meeting with Egyptian President Abdel Fattah El-Sisi, BP CEO Bernard Looney stressed the centrality of the strategic partnership with Egypt, which extended over 60 years, praising Egypt's achievements in terms of development, especially in the field of infrastructure, which will reflect positively on various investment paths, especially in energy and renewable energy, in addition to the ongoing regional cooperation projects in the Eastern Mediterranean for the transmission and liquefaction of gas as well as for electrical interconnection.
Source (Al-Asharq Al-Awsat Newspaper, Edited)
