Eni to Invest $7.7 Bn in Egypt's Energy Sector

Eni Energy Company President Claudio Descalzi said the Italian company and its partners intend to inject new investments into Egypt over the coming four years at a value of $7.7 billion. The investment reflects the Italian energy company’s commitment to boosting its successful projects in Egypt. Egypt’s President Abdel Fattah al-Sisi received Descalzi during a meeting attended by Minister of Petroleum and Mineral Resources Tarek El-Molla and senior Eni officials.

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