Egypt has secured almost $33bn in investment commitments from foreign operators for upstream gas projects set to hit full capacity between now and the end of the decade.
These 11 projects (see table 1) are slated to bring on 5.375mn cfd of new capacity between now and end-2019, Oil Minister Tarek El Molla says. But net gains will be substantially less than this headline figure, outlined by the minister in a recent interview with local publication Daily News Egypt. (CONTINUED - 1698 WORDS)
