MPED: Petroleum Sector Targets Investments of EGP 99.6B during FY 2023/24
The Minister of Planning and Economic Development (MPED) issued a report about the petroleum sector’s investment plan that it aims to invest EGP 99.6 billion in developing the extractions during the fiscal year (FY) 2023/24 including EGP 22.4 billion for oil extraction and EGP 65.4 billion for natural gas extraction in addition to EGP 11.8 billion for other extractions.