Italian oil giant Eni says overall investments in Egypt total $13 billion since 2015

Major Italian oil company Eni has had overall investments of $13 billion in Egypt since 2015, the CEO of the company Claudio Descalzi told Egypt’s President Abdel-Fattah El-Sisi in a meeting in Cairo.
In an official statement, Egyptian presidency spokesman Bassam Rady said that Descalzi told El-Sisi about the company’s plan to increase investments in the coming period.

The meeting was attended by Egyptian Minister of Petroleum Tarek El-Molla and intelligence chief Abbas Kamel.

El-Sisi praised Eni’s efforts in contributing to the optimisation of Egypt’s resources in natural gas, praising Egypt’s cooperation and partnership with Italy.