Tuesday, May 15, 2007

BG to invest $3 bln over 3-4 years on Egypt gas

(Reuters) - British gas producer BG Group will invest around $3 billion on gas exploration and production in Egypt over the next three or four years, a company executive said on Tuesday.

The investment would be made in intensive exploration and production activity, BG's Egyptian president, Ian Hewitt, said.


Read more at Reuters Africa

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