Egypt and Azerbaijan Sign Protocol for Energy Cooperation

Published on : 2024-06-10

President Abdel Fattah El Sisi has overseen the signing of a significant protocol of intent for cooperation between Egypt’s Ministry of Petroleum and Mineral Resources (MoPMR) and Azerbaijan’s Ministry of Economy. This collaboration marks a strategic partnership aimed at enhancing mutual benefits and fostering economic ties between the two nations. 

The protocol was signed by Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources, and Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan. The ceremony, held in the presence of both nations' dignitaries, underscores the commitment to joint development and investment in the petroleum and mineral sectors.

This agreement is expected to pave the way for various collaborative projects and initiatives, leveraging the expertise and resources of both countries to achieve common goals in the energy sector. The cooperation will likely include knowledge exchange, technology transfer, and joint ventures that will contribute to the economic growth and stability of both Egypt and Azerbaijan.

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