Cairo courts Gazprom explorers

By Staff reporter 6 March 2017

Cairo would like to see Gazprom involved in prospecting and exploration in Egypt, Egyptian Prime Minister Sherif Ismail said during a meeting with Russian Federation Council Chairperson Valentina Matviyenko.

"Russia has the company Gazprom and so we would be very happy if it worked in Egypt in what concerns prospecting for mineral resources.

It would be very important for us," Ismail said.

The Arab Spring led to a considerable decline in Egyptian gas production, with the country’s gas output dropping to 45.6 billion cubic metres in 2015 compared...

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