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EGAS Chairman: Egypt will Close the Gas Consumption, Production Gap by 2018

In exclusive statements made to Al-Borsa, EGAS Chairman Khaled Abdel Badie, said that Eni's new discovery will definitely contribute towards balancing Egypt's gas production and consumption by 2018, once combined wi ...

Iran Discovers Large Light Crude Oilfield

A huge light crude oilfield with considerable reserves has been discovered in southwest Iran, the Mehr News Agency reported on Wednesday.

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