Gazprom, Russia’s state-controlled gas monopoly announced that it achieved an agreement with two Egyptian companies on joint prospecting, exploration and production of oil and natural gas in Egypt.
Rashid Petroleum Company and Egyptian Natural Gas Holding Company (EGAS) held talks in Moscow, during which they agreed to form working groups on prospecting, exploration, transportation and sales of Egyptian oil and gas, including liquefied natural gas. The talks between the two sides tackled sales of Russian oil-and-gas equipment to Egypt, reported the RIA Novosti.

(MosNews & Middle East News)