KIEV, Dec. 18 - Naftogaz Ukrayiny, the national oil and gas company, and Egyptian General Petroleum Corporation (EGPC) signed a 27-year agreement to develop Alam El-Shawish East oil and gas field, Naftogaz press service reported Monday.
The agreement was signed by Egypt??™s Oil Minister Sahmeh Fahmy, EGPC chairman Abd El Aleem Taha and Naftogaz Ukrayiny CEO Volodymyr Sheludchenko following Naftogaz??™s victory at a tender to develop the field.
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