El Molla in Talks with Chile’s Enap Sipetrol

El Molla in Talks with Chile’s Enap Sipetrol

The Ministry of Petroleum and Mineral Resources, Tarek El Molla, held talks with the CEO of Chile’s Enap Sipetrol ,Marcelo Tokman, in the presence of  Consul of Chile in Cairo , Regional Director of Enap in Egypt, Eng. Sayed Rizk,  First Undersecretary of the Ministry  for Gas Affairs,  and Undersecretary of the Ministry for  Conventions Enapand Exploration, Geologist Ashraf Farag, Petro Press reported.

During the talks, El Molla has reviewed  the company’s activities in Petroshahd concession area in the western desert, which is currently producing  about 18000 b/d. He also discussed  future plans of drilling more private wells after completing the work at  the crude oil pipeline from Petroshahd fields  to the treatment plant to avoid  transferring production by trucks.

In addition, El Molla reviewed  the new gas discovery in Ras Qattara , where the company is drilling new wells for evaluation.

Tokman said that  there is convergence of views  between Enap and the Ministry, which creates a strong desire to expand the company’s investments in Egypt by participating in international bids offered by the petroleum sector or through the acquisition of existing companies.

Dr. Mahinaz El-Baz 318 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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