egypt, Cyprus, Greece Discuss Natural Gas Cooperation

Ejypte oil and gas,Thursday, 16th January 2020

The Minister of Petroleum and Mineral Resources, Tarek El Molla, held bilateral discussions on the sidelines of third ministerial meeting of the Eastern Mediterranean Gas Forum (EMGF) with the Cypriot Minister of Energy and Industry, Yiorgos Lakkotrypis, and the Greek Minister of the Energy and Environment, Kostis Hatzidakis, to look into the situation of the natural gas regional cooperation, according to a press release.

The discussion further included the latest updates of the region, in addition to ways of enhancing the mutual connections between Egypt, Cyprus and Greece in the oil and gas sector.

During the meeting, El Molla showcased with Lakkotrypis, the shared efforts that encourage bilateral cooperation in natural gas at the East Mediterranean as well as the development plans of Aphrodite Field and the steps taken for establishing a pipeline to transfer natural gas from Cyprus to Idku’s natural gas liquefaction plant.

On the other side, the Egyptian petroleum minister and Hatzidakis explained how to support the bilateral cooperation between their countries, in addition to attracting Greek companies to invest in exploration and production (E&P) activities in Egypt. El Molla also presented the available offers for investments in the different fields of the petroleum sector, which achieve mutual benefits for both countries.

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