US Corp. "Apache" Pto Invest $1.4 Billion in Egypt's Energy Sector

PM Mostafa Madbouly met ٍSunday at the government headquarters in the New Administrative Capital, with officials of the American Apache Company, to review the company's plans and investments in Egypt during the coming period, in the presence of Tariq el-Molla, Minister of Petroleum and Mineral Resources.

John Christmann, CEO of Apache Corp. said that the company is committed to its investments in Egypt and looks forward to the government's support to continue implementing its expansions in the Egyptian market.

He explained that the company intends to invest about $1.4 billion in Egypt during the next year.