The Egyptian General Petroleum Corporation (EGPC) signed a contract with Saudi Aramco company for importing petroleum products in the coming five years.
The contract was signed by Aramco’s CEO Yasser al Mofti and CEO of EGPC Mohamed el Masri.
Minister of Petroleum Tarek el Molla witnessed the signing ceremony.
The funding contract for such deal was earlier signed on the sidelines of a meeting of the Egyptian-Saudi coordination council in Riyadh on March 20.
El Molla said the deal reflects the distinguished relation between Egypt and Saudi Arabia.
The contract will provide Egypt with its needs of petroleum products, he added.
Al Mofti said cooperation between Aramco and EGPC serves the interests of the two countries.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Edin Dzeko hit his ninth and 10th league goals of the season as Roma stayed in hot pursuit of leaders Juventus with…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
It took just seven days for "Wizard of Oz" nostalgics to raise more than $300,000 in a crowdfunding drive to restore Dorothy's…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday