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Recently, Egyptian Oil Minister Tarek El Molla said in an interview that foreign investment in Egypt's oil and gas sector increased to $10 billion
in fiscal year 2017-2018.
That's up nearly a quarter
from last year's 8.
1 billion.
Foreign investment in Egypt's oil and gas sector amounted to $10 billion in fiscal year 2017-18
Molla expects the same investment volume in the 2018-19 fiscal year
.
Egypt's fiscal year runs from July to June
.
Italian oil company Eni said Egypt's giant Mediterranean Zor gas field has a capacity of 1.
6 billion cubic feet per day and will reach 2 billion cubic feet
by September.
Following a series of major discoveries in the Mediterranean, Egypt will become a regional hub for LNG trade, and Egypt is expected to become self-sufficient
in natural gas by the end of 2018.
，
Recently, Egyptian Oil Minister Tarek El Molla said in an interview that foreign investment in Egypt's oil and gas sector increased to $10 billion
in fiscal year 2017-2018.
That's up nearly a quarter
from last year's 8.
1 billion.
Foreign investment in Egypt's oil and gas sector amounted to $10 billion in fiscal year 2017-18
Foreign investment in Egypt's oil and gas sector amounted to $10 billion in fiscal year 2017-18Molla expects the same investment volume in the 2018-19 fiscal year
.
Egypt's fiscal year runs from July to June
.
Italian oil company Eni said Egypt's giant Mediterranean Zor gas field has a capacity of 1.
6 billion cubic feet per day and will reach 2 billion cubic feet
by September.
Following a series of major discoveries in the Mediterranean, Egypt will become a regional hub for LNG trade, and Egypt is expected to become self-sufficient
in natural gas by the end of 2018.
，
