British Petroleum plans to pump more investments in Egypt's oil, gas sector

British Petroleum (BP) CEO Bob Dudley stressed that the company plans to pump more investments in the gas and petroleum sector in Egypt within the coming period.
Dudley, during a meeting with Prime Minister Ibrahim Mahlab, referred to the 12-billion-dollar deals signed with the Petroleum Ministry on Saturday in the oil and gas excavation domain.
He added that these agreements will largely contribute to meeting Egypt's petroleum needs within the next years.
He expressed admiration of the giant projects that were floated during the Egypt Economic Development Conference, currently in session here, saying such projects will boost the national economy and provide more jobs.
Mahlab said the effective participation of international companies in this economic event underlined the success of the economic reform program the country is undertaking.
He expressed keenness on paying all dues of energy companies operating in Egypt, saying this is a top priority for the government.