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CommodityOilPrice.com

Egypt Eyes Billions in New Investment to Revive Oil and Gas Production

The Egyptian government is doubling down on its plans to accelerate the development of its oil and gas resources. Egypt now aims to achieve a production capacity of 6.6 billion cubic feet per day by 2027, supported by increased drilling, new exploration incentives, and greater investment from international oil and gas majors. In October, the Egyptian Minister of Petroleum and Mineral Resources,…

CommodityOilPrice.com

Trump-Backed Trade Corridor Advances Despite Geopolitical Resistance

Armenian officials have commenced design work for the TRIPP trade corridor, even though an operating agreement with the United States remains to be finalized. US and Armenian officials announced in January a preliminary agreement outlining the establishment of an entity, TRIPP Development, that would manage the corridor. The agreement sketched TRIPP Development’s ownership structure but left…

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