PetroAmir is preparing to cooperate with Suez Oil Company (SUCO) to implement a new project to extent the natural gas pipeline produced during the coming period. The procedure is a part of the company’s new fiscal plan of the year 2010-2011.
PetroAmir is the Joint venture company between the Egyptian General Petroleum Corporation (EGPC) and the Greek Vegas Oil & Gas.
Egypt Oil and Gas newspaper learned that PetroAmir would precede a new study to evaluate the gas extension project to SUCO. The operation will be used in the artificial lift of the crude oil in SUCO.