Egypt to sell stake in state oil company in first half of 2019: Report

The expected sale of a 24 per cent stake in ENPPI, one of a series of public and private share offerings expected in coming months, has been pushed back several times over the past two yearsREUTERS  |  March 04, 2019, 13:25 IST
Egypt to sell stake in state oil company in first half of 2019: Report CAIRO: Egypt plans to sell a stake in state oil company Engineering for Petroleum and Process Industries (ENPPI) in the first half of 2019, Petroleum Minister Tarek El Molla told Al Shorouk newspaper on Monday.

The expected sale of a 24 percent stake in ENPPI, one of a series of public and private share offerings expected in coming months, has been pushed back several times over the past two years.