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Russian bank invests in oil, natural gas fields
Egypt-Russia, Business, 10/15/2003

Egypt's Minister of Petroleum, Sameh Fahmy, discussed with the Chairman of the Russian Investment and Technology Bank, means to beef up, cooperation with Egypt in oil and natural gas fields.

ΚΚΚ The two sides tackled also the participation of the Russian bank in financing oil pipes and filters manufacture. Russian oil companies already invested $ 26 million in the oil exploration field in Egypt, Fahmy added.

Previous Stories:
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  $200 million equal transaction between Russia and Egypt   (6/16/1999)
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