BP and the Ministry negotiate to raise the gas price

  • BP and the Ministry negotiate to raise the gas price

    BP and the Ministry negotiate to raise the gas price

    Sunday, 28th March 2010
    The Egyptian Petroleum Ministry entered intensive negotiations with BP to reach an agreement to amend the price of gas in the North Alexandria concession, for the second time in three years, in order to speed up the process of pumping up investments estimated by $8.5 billion to develop the field.