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Egypt signs oil exploration agreements with Australia, Chile
Egypt, Economics, 3/31/2004
Egypt signed Tuesday two oil exploration agreements with Australian and Chilean companies, Egyptian Petroleum Minister Sameh Fahmi said.
Under the agreements, the two companies are to spend $ 11.3 million in investments to dig three wells within seven years, he added.
Exploration areas cover 5.768 square kilometers East of Ras Qattarah in the Western Desert, Fahmi said.
Previous Stories:
Egypt exports jet plane fuel
(3/27/2004)
Mubarak keen on supporting international coordination in gas industry
(3/15/2004)
New oil finds in Western Desert
(3/13/2004)
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