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01/28/2008
H.E. Eng. Sameh Fahmy, Minister of PetroleumQ: How has re-structuring of the oil sector streamlined operations and enhanced the industry’s future potential? H.E. Minister Sameh FahmyClick here to enlarge imageA: Restructuring the petroleum sector took place by establishing three new powerful and specialized holding companies to develop and manage the petroleum sector in addition to the Egyptian General Petroleum Corporation (EGPC) These three companies are The Egyptian Natural Gas Holding Company (EGAS), The Egyptian Petrochemicals Holding Company (ECHEM), and Ganoub El Wadi Petroleum Holding Company (GANOPE). The restructuring has speeded up the decision-making process and enabled...
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