HRH Duke Of York celebrates 20 Years of BG in Egypt

Friday, Oct 30, 2009

Speaking at the event, Sami Iskander said, "BG Group's involvement in Egypt has grown, from our first offshore concessions in the Gulf of Suez in 1989 to our current position as one of the country's major foreign direct investors - certainly the leading British investor - and a major gas producer serving both domestic and export markets." This would have not been possible, Mr Iskander said, without the strong support of the Egyptian government and people. Mr. Iskander looked forward to future growth opportunities including the next phases of development of existing concessions such as West Delta Deep Marine, and exploration of the North Gamasa offshore concession awarded to BG Egypt earlier this year. 

HE Egyptian Minister of Petroleum Sameh Fahmy said that BG's presence is strategic to the country's interests, and he looked forward to the joint development of ambitious new projects.

Stressing BG Egypt's commitment to the future of Egypt and its young population, Mr. Iskander announced the launch of BG Egypt's University Linkages Programme, "A key area both for Egypt and BG Group is strengthening employability skills and industry-academic partnerships. With this in mind, I am particularly delighted this evening to announce a BG Egypt Public School Scholarship with the American University in Cairo (AUC), and a partnership with Cairo University

  UK Trade & Investment (2.0KB)

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