Review of Egypt's petroleum strategy
Posted: Tue Feb 21, 2017 10:48 am
Egypt’s state oil firm, the Egyptian General Petroleum Corporation (EGPC), is eyeing four major global consulting firms for the development of a medium-term reform strategy for the Ministry of Petroleum.
McKinsey & Company, Ernst & Young, Navigant Consulting and PricewaterhouseCoopers have been shortlisted for the tender, with the firms expected to submit their proposals by mid-March 2017.
The scope of work will include oil subsidization, operational reform and arrears management strategy development. It has already been agreed that the World Bank will fund the services of the successful bidder on behalf of the Egyptian government.
https://egyptianstreets.com/2017/02/21/ ... petroleum/
Sounds like a sensible move. Let's hope the EGPC listens to, and implements, the recommendations of the experts.
McKinsey & Company, Ernst & Young, Navigant Consulting and PricewaterhouseCoopers have been shortlisted for the tender, with the firms expected to submit their proposals by mid-March 2017.
The scope of work will include oil subsidization, operational reform and arrears management strategy development. It has already been agreed that the World Bank will fund the services of the successful bidder on behalf of the Egyptian government.
https://egyptianstreets.com/2017/02/21/ ... petroleum/
Sounds like a sensible move. Let's hope the EGPC listens to, and implements, the recommendations of the experts.