H.E. Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, affirmed that Egypt is well-positioned to serve as a strategic energy bridge between the Caspian region and Europe, leveraging its geographic location and advanced infrastructure for natural gas, refining, storage, trading, and exports.

Speaking during the high-level ministerial session at Baku Energy Week in Azerbaijan, Badawi highlighted Egypt’s vision to strengthen its role as a regional energy hub and enhance cross-border energy cooperation.

The minister emphasized the importance of Eastern Mediterranean gas infrastructure integration projects, describing them as a successful model of regional cooperation that maximizes the value of existing resources and infrastructure while supporting energy security and supply sustainability.

Badawi noted that Egypt’s petroleum sector strategy focuses on increasing production from existing fields, accelerating exploration and development activities, and maximizing value from oil and gas resources through expanded refining, petrochemicals, and storage projects.

He also stressed that natural gas will remain a key component of the global energy mix in the coming years, alongside the growth of renewable energy and emissions reduction efforts, underscoring Egypt’s commitment to strengthening regional and international cooperation in the energy sector.