Cairo - Mubasher: Egypt's petroleum sector has recorded 99 signed agreements with total investments of up to $17 billion during the past seven years, as shown by data released by the Egyptian Cabinet's Information and Decision Support Center (IDSC).
A total of 45 projects were implemented to develop oil fields with total investments of EGP 565 billion.
Meanwhile, around EGP 72 billion investments were made to establish two new petrochemicals projects in Damietta and Alexandria, alongside seven projects to develop refineries with total investments of EGP 86 billion.
The volume of domestic natural gas consumption has reached 47 million tonnes, up 35% compared to 2014/2015.
