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Naftogaz Ukrayiny board approves Egypt oil project
Journal Staff Report

KIEV, April 11 - The executive board of Naftogaz Ukrainy approved a program of work to explore and develop the Alam El Shawish East, oil and gas block in Egypt, the company said in a statement.

The document was developed to implement a concession agreement between Egypt and Naftogaz Ukrayiny on the prospecting, exploration and development of oil ands gas fields in the Alam El Shawish East block, signed in December 2006.




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