EGYPT RECOMMENDS RAISING OF OIL, GAS RESERVES

  • Middle East Newsline
  • July 27, 2001
CAIRO [MENL] -- Egypt has recommended increasing the level of its reservesof oil and natural gas. On Wednesday, the Cabinet issued a series of recommendations regardingthe nation's energy policy. They included increasing oil and gas reserves to40 percent. The reserves would be raised to 50 percent in the second stage.
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