State holding company executive appointed Egypt's oil minister

Reuters News
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Posted: Jul 16, 2013 12:16 PM

CAIRO (Reuters) - Sherif Ismail, head of an Egyptian state-owned oil holding company operating in the south of the country, was sworn in on Tuesday as interim oil minister.

Ismail is chairman of the Ganoub El-Wadi Petroleum Holding Company (GANOPE) which manages exploration and production concessions, establishes joint ventures with private companies and constructs oil infrastructure.

(Reporting by Patrick Werr; Editing by Mike Collett-White and Michael Roddy)