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Al Jazeera: BP signs major gas deal with Egypt
BP signs major gas deal with Egypt
BP has signed an agreement with Egypt to develop two offshore gas fields in the largest deal for the beleaguered energy giant since its drilling rig disaster in the Gulf of Mexico.
Egypt's petroleum ministry said in a statement on Monday, the deal with Egyptian General Petroleum Corporation would develop reserves of around five trillion cubic metres of gas from the North Alexandria Deepwater block and the Western Mediterranean block.
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