Egypt
Talks with German Ambassador on the Partnership Developments between Both Countries
Published on : 2019-10-26
Eng. Tarek El Molla, Minister of Petroleum and Mineral
Resources, received Dr. Cyril van Nun, German Ambassador to Cairo, in his first
meeting after taking over his responsibilities in Egypt. They discussed
cooperation domains concerning oil and gas industry, in light of the strong
bonds and extended economic partnership relations between both countries, as
well as the successful projects for oil and gas development and production.
During the meeting, they reviewed the
current status of the German companies operating in Egypt; and their activities
in the exploration and production domains, in addition to pointing out the
project of transforming Egypt into a regional hub for oil and gas trade.
Moreover, El Molla highlighted the EU’s
support to Egypt in implementing its project as a regional hub for oil and gas
trade, which was clearly reflected by the European Commissioner for Energy and
Climate’s visit to Egypt last year, as it witnessed signing a number of MoUs in
this regard. He also affirmed the EU's financial and technical support for the
project.
The meeting, as well, discussed the role
of the East Mediterranean Gas Forum and its objectives, represented in
fostering cooperation, partnership and coordination among member countries for
achieving best economic exploitation of the gas resources in the region, as
well as achieving integration between these countries in exploiting the
available infrastructure and natural gas resources.