Tuesday, July 1, 2008

Fahmy admitted that there is a real threat to Egyptian industry due to the high fuel prices

(Albadeel)

Minister of Petroleum Sameh Fahmi admitted that there is a real threat to Egyptian industry because of the continuing rise of oil prices and Fahmi attributed this rise during a meeting between members of the governing bodies of the Federation of Industries to a problem between supply and demand, especially with the shift of oil-producing countries to consuming countries , Also the Unprecedented growth for countries like China and India.

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