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Oil & Gas

Total to invest $200 million in Egypt, up from initial reports of $100 million

Posted: October 16, 2016 at 12:58 pm   /   by   /   comments (0)


Total is set to invest USD 200 mn in Egypt over the next five years, the cabinet announced, according to Reuters’ Arabic service. Al Mal had pegged the investment value at USD 100 mn on Wednesday, but noted that the company had plans to operate 10 new fuel stations annually over the five years.


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