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Saturday, July 11, 2026 6:11 GMT
Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that the petroleum sector’s five‑year plan aims to double domestic crude oil production by 2030 through expanded application of the latest technologies, most notably horizontal drilling and hydraulic fracturing, alongside the introduction of new contractual frameworks. This came during the Minister’s meeting with the Board of Directors of the Egyptian General Petroleum Corporation (EGPC) via videoconference, according to a...More