Thursday saw the appointment of the country’s new cabinet by President Mohammed Morsi, with Egypt Petrochemical Holdings chief Osama Kamal installed as the country’s oil minister 15 months on from the departure of now-jailed former leader Hosni Mubarak.
Earlier this month, former oil minister Sameh Fahmy was jailed for 15 years for his role in selling natural gas to Israel at low prices in a 15-year deal that was cancelled
