Egypt calls for integration among African oil- producing countries
Egypt-Regional, Economics, 7/13/2004
Egypt's Petroleum Minister highlighted the importance of fostering oil cooperation among the African countries for the welfare of the African continent.
This besides attracting capital for setting up joint projects in the fields of producing and refining crude oil and natural gas, as well as manufacturing petrochemicals, with a view to create an integrated oil industry in Africa, he added.
Fahmy pinpointed that his recent talks with the Secretary -General of the African Petroleum Producers Association (APPA) dealt with holding an extraordinary meeting for APPA in Cairo to probe recent developments in the world oil markets and its impact on the African producers' countries.
The talks also focused on preparing reports on production and consumption of the APPA member states and the future of the refining industry in Africa.
It is worth mentioning that APPA has been established in 1987 in Lagos, Nigeria and comprises 12 countries, namely: Egypt, Algeria, Libya, Nigeria, Gabon, Angola, Benin, the Congo, Cameroon, the Cote d'Ivoire, Zaire and Ghana.
$ 10 billion goal for Egypt's exports to Arab states
Egypt calls on Arab states for cooperating to develop postal services
Egypt, central electric grid for Arab states
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info