Minister of Petroleum, Tarek El Molla, met with the Australian Ambassador to Egypt, Glenn Miles, to discuss new cooperation scopes between the two countries, especially in the field of mining, Egypt Oil & Gas reports.

During the meeting, El Molla reviewed the recent positive changes in the Egyptian oil and gas sector in light of the country’s attractive investment opportunities and its economic and legislative reforms that encouraged international oil companies (IOCs) to increase their activities in different petroleum fields.

Meanwhile, Miles praised the Egyptian oil and gas sector’s success and efforts in turning Egypt into a regional oil and gas trading hub. Miles pointed out that Australia is interested in investing in Egypt due to the available opportunities.