British Gas sees high potentials for natural gas in Egypt

Executive Chairman of British Gas said there were high potentials for natural gas investments in Egypt.

Stewart Fish lauded the policies of Petroleum Minister Sameh Fahmi especially in exporting liquefied gas. He cited expectations of further natural gas finds at deep waters in the Mediterranean Sea.

Egypt has achieved remarkable success within only six years in the natural gas field, he added.

Three oil rigs are operating in the Mediterranean for BG, he said, adding trained Egyptian personnel is on equal footing with foreigners.