Egypt, South Sudan sign MoU on oil, gas cooperation

0 Comment(s)Print E-mail Xinhua, October 31, 2019
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CAIRO, Oct. 30 (Xinhua) -- Egypt and South Sudan signed for the first time a memorandum of understanding on oil and gas cooperation, Egyptian Foreign Minister Sameh Shoukry said in a statement on Wednesday.

"It's the first legal framework that regulates relations between the two countries in the field of oil and energy," the statement said.

The deal was signed on the sidelines of the South Sudan Oil and Power Conference being held in its capital Juba.

"The deal comes in the light of President Abdel Fattah al-Sisi's orientation toward encouraging Egyptian investments in Africa," official news agency MENA said. Enditem

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