Egypt may join OPEC’s oil production cap agreement –OPEC

Egypt may join OPEC’s oil production cap agreement, OPEC Secretary-General Mohamed Barkindo said at a press conference on Tuesday. “We still expect more other producers will join [the agreement] in the possible time…Yes, we would like to see Egypt to be part [of the agreement],” Barkindo said, according to TASS. Barkindo showered Egypt’s Zohr discovery with praise, stating that the find would be critical to not only reviving the oil and gas sector in the country, but the economy as a whole, reports Sputnik’s Arabic portal.