Energy could save Egypt’s economy Cairo - Ali Ragab Egypt’s Petroleum Minister Sherif Hadara has stressed the government must establish a new authority to run the country’s energy sector. Any new authority must increase oil production to one million barrels per day and push gas output to 7.5 million cubic metres, Hadara announced in a press conference on Friday. Energy expert Ramadan Aboul-Ela has claimed the government should allow independent technocrats to head a new state energy organisation – people with “suitable experience in the sector,” he added. Aboul-Ela added that a new body made up of “scientists and experts” could draft all-new policies for oil and gas sectors in Egypt, while the authorities should execute these policies in conjunction other ministries in earnest. Economic experts have previously stated that development in Egypt’s fledgling energy sector could pull the country out of a worsening economic crisis.
GMT 09:55 2018 Wednesday ,24 January
France's Carrefour revamps operationsGMT 05:10 2018 Tuesday ,23 January
Five things to know about DavosGMT 04:03 2018 Monday ,22 January
Saudi Arabia calls for oil producersGMT 07:13 2018 Sunday ,21 January
Duterte bans Philippine nationalsGMT 05:32 2018 Friday ,19 January
To develop oil fields retaken from KurdsGMT 06:41 2018 Thursday ,18 January
Sudan holds communist leaderGMT 09:27 2018 Wednesday ,17 January
Sudan police beat protesters at demoGMT 06:49 2018 Tuesday ,16 January
UK construction firm Carillion collapsesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor