Egypt officially joins the International Energy Agency

Published on : 2022-02-15

Egypt has officially joined the International Energy Agency, the organization’s CEO announced during his speech at the Egypt Petroleum Show 2022 conference in Cairo.

Fatih Birol also used his address to delegates to praise Egypt’s achievement over the past years in the field of energy, starting from benefiting from gas assets and switching to the electricity market, which enabled it to achieve a surplus after a deficit.

“In light of these developments in Egypt, and at the request of the Egyptian government, I look forward to Egypt joining the International Energy Agency as an associate member,” Fatih Birol said. 
“We are interested in deepening cooperation and ready to provide any support in the coming years,” he added. 

With African citizens responsible for at least 2 percent of global emissions, he noted that climate change is one of the defining challenges in our world today, stressing his full support for Egypt’s hosting of the COP27 World Climate Summit next November. 

The Egyptian Petroleum Show is an oil and gas exhibition and conference held in Cairo from Feb. 14-16.

The International Energy Agency was founded in 1974 by industrialized nations to ensure the security of oil supplies.

Related Articles

PM follows up efforts to secure local oil needs

Prime Minister Moustafa Madbouly said Monday that Egypt is following up developments of the current global crises with the aim to reduce their severe repercussions for the Egyptian economy.

Read More

Saudi solutions by stc completes acquisition of Giza Systems with a value of 158 million dollars

Saudi Arabia-based solutions by stc, which is a leading enabler of digital transformation in the Kingdom, has completed the acquisition of 88.19% stakes of Giza Systems with an enterprise value worth 158 million dollars.

Read More

Egypt considers benefiting from Tunisian experience in solar energy production: SEDA

This is an attempt to implement solar energy systems as a source of electricity to rely on clean energy to meet part of the country electricity needs

Read More
Wintershall Deaneptune LogoSIEnppipetrojetTransGlobe SCHNEIDER-ELECTRIChempleEgypt gasNorthAlmansooriSKY CTS exxonmobilSchlumberger