El Molla Amends Petroleum Sector Transfers Movement

Minister of Petroleum and Mineral Resources, Tarek El Molla, announced amendments in the latest petroleum sector transfers movement, according to a  press release.

The minister issued a new decision to end Mohamed Ahmed Sadek’s role as Chairman of the Board of Directors and Managing Director of the Egyptian Company for Gas Services (ECGS) from April 28 and to give him a new role in Ganoub EL Wadi Petroleum Holding Company (GANOPE) and to be appointed as the General Executive Manger of the National Petroleum Services Company (NAPESCO), effective from May 22.

In addition, El Molla decided to assign Amr Ahmed Fathy as the Chairman of ECGS , effective from April 28.


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