Egypt

EGAS: Investment in Eni mega gas field in Egypt to reach $7 bn

Total investment in a large gas field discovered by Eni off Egypt's coast is expected to reach $7 billion, Egypt's state gas company said on Monday.

"With the full completion of development for the field, investments will (reach) $7 billion," head of EGAS Khaled Abdel Badie told Reuters.

(Reporting by Abdel Rahman Adel; Writing by Eric Knecht; Editing by Michael Georgy)

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