BP Egypt to invest $5 billion in local energy industry

  • BP Egypt to invest $5 billion in local energy industry

    BP Egypt to invest $5 billion in local energy industry

    Saturday, 23rd December 2006
    British Petroleum (BP) revealed its plan to increase its investments in Egypt to $20 billion, as it announced its intention to invest around $5 billion in the local oil industry over the coming five years making the company the largest foreign investor in Egypt, reported the Daily Star.