Arab FinanceEngineer Karim Badawi, Minister of Petroleum and Mineral Resources, held a discussion session with Fan Yonghong, Chairman of the Chinese Anton Oil Group (the largest private Chinese company in the field of oil field management), according to For a statement issued About the Ministry of Petroleum.
The meeting reviewed the company's activities and projects, which are spread in more than 30 countries and regions, including China, the Middle East, Africa, Central Asia, Southeast Asia, and Latin America. Fan Yong Hong discussed the success achieved by the company in implementing the Majnoon field project in Iraq, as the largest oil field abroad. Operated by a private Chinese company, it is one of the largest oil fields in the world, with reserves of 38 billion barrels.
Fan Young also expressed the company's desire to discuss available opportunities in the Egyptian petroleum sector, and for his part, engineer Karim Badawy welcomed holding a meeting between company officials and officials of the Egyptian General Petroleum Corporation as soon as possible to discuss available investment opportunities and identify possible aspects of cooperation between the two sides.
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