Global Trade Alert
Global Trade Alert

Egypt: Cabinet approves five petroleum concession agreements for foreign investment in oil and gas

Announcement

05 Feb 2025

On 5 February 2025, the Egyptian Cabinet approved five petroleum concession agreements worth USD 225.3 million in investment. 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

05 Feb 2025

Revocation date:

No revocation date

Updated: 05 Feb 2025
FDI: Entry and ownership rule In force

On 5 February 2025, the Egyptian Cabinet approved five petroleum concession agreements with several foreign firms allowing them to invest in oil and gas exploration and production in Egypt. These a...

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