Egyptian president hails cooperation with BG Group

Egyptian President Abdel Fattah al-Sisi hailed the existing cooperation between the Egyptian government and British Gas (BG) in the field of gas exploration.

Sisi received Chief Executive of British Gas Group Helge Lund at his residence in London in the presence of the Egyptian investment, international cooperation and petroleum ministers on Thursday, Presidential Spokesman Alaa Youssef said.

Lund posted Sisi on the size of the company’s activities in Egypt and its ongoing projects in the country.

The group plans to increase its investments in Egypt in the coming period, the BG chief executive told Sisi.

At the end of the meeting, Sisi stressed that Egypt is committed to paying the dues of BG and all of oil and gas companies working in Egypt, the spokesman added.

Source : sis.gov