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Wednesday, 24 July 2019

Oil and gas news occupy Egypt’s airwaves last night

Oil and gas updates from Eni and a cursory mention of the World Bank visit occupied the nation’s talking heads last night.

Eni ramps up production: News that Italy’s Eni has begun oil production from its West Meleiha concession in the Western Desert earned some airtime on Al Hayah Al Youm (watch, runtime: 1:34). We have the full story in this morning’s Speed Round, below.

A new natural gas well Eni discovered at its El Qar’a onshore concession (the details of which we have in this morning’s Speed Round) gave Yahduth fi Misr’s Sherif Amer and Al Hayah Al Youm’s Khaled Abu Bakr a strong sense of optimism that the discovery is a harbinger of more to come (watch, runtime: 2:14).

The arrival of a World Bank delegation assessing Egypt’s economy ahead of releasing the 2020 Ease of Doing Business also made it onto Abu Bakr’s radar (watch, runtime: 2:58).

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