Apicorp discusses Arab joint petroleum projects

The Arab Petroleum Investment Corporation (APICORP) holds its annual meeting with Minister of Petroleum and Mineral Resources, Ibrahim Hadad attending.

Fahmi said the joint ventures in petroleum fields have special significance as a landmark on the road towards Arab trade zone and Arab common market.

Egypt, Syria, Libya, Iraq, Saudi Arabia, Qatar, Kuwait, UAE, Bahrain and Algeria, members of OAPEC finance APICORP.

APICORP has taken part in financing petrochemicals and gas, pipelines and refineries in a number of Arab states.