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Sunday, 2 April 2017

This is why companies are bullish on Egypt’s natural gas

Egypt represents an exciting opportunity and a “potentially rewarding investment” for oil and gas companies, Heidi Vella writes in an Offshore Technology piece. Factors include local talent, growing demand for gas in the country, the presence of local Egyptian service companies, not to mention diminishing resources elsewhere. "The advantage that Egypt has over other new projects is that the Egyptian LNG liquefaction plants are already in place," says Graham Bliss, Senior director of IHS Upstream Research and Consulting.

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