One of the largest concerns for the Ministry of Petroleum since the start of 2011 has been the potentially adverse effects of political uncertainty, as well as a deterioration of security conditions as Egypt undergoes its challenging political transition. While there has been some concern that the political unrest of the last years would deter...
A rapidly expanding population and economy has led to ever greater demand for refined petroleum products – especially diesel – in Egypt. This became quite apparent during the first half of 2013, when shortages at petrol stations led to widespread queuing and mounting public dismay. The question of fuel, supply, therefore, is as much a political one...
What kind of interest are you seeing from international oil companies (IOCs) in new acreage?
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