Egypt Appoints New Heads Of State Oil And Gas Firms

Egypt’s Oil Minister Tarek El Molla on 7 April made a raft of changes to key positions within his ministry, namely the appointment of new chairmen for state oil firm EGPC and state gas firm EGAS.

Former head of EGPC Muhammad Masry will be taking over from outgoing EGAS chairman Khalid Abd al-Badi’, who will become President of state investment firm Midtap. Mr Masry will be returning to EGAS where he served as deputy head for operations from February 2014 until his appointment as head of EGPC in October last year, taking over from the current oil minister Mr Molla.

Taking over from Mr Masry at EGPC is Tariq Hadidi, former head of Midtap. (CONTINUED - 218 WORDS)