Minister of Petroleum and Mineral Resources Tarek El Molla met with the European Union (EU) Commissioner for Energy Kadri Simson to discuss strategic bilateral energy relations on the sidelines of COP27.
The two sides showed their keenness on developing the relations due to their common interests in turning Egypt into a regional hub for trading energy. For his part, El Molla affirmed that EU is an important partner to Egypt in clean energy, referring to the joint success stories and projects especially in energy transition.
Additionally, the meeting discussed the latest challenges in securing energy globally and achieving a fair energy transition.
During the meeting, the two parties highlighted the role of natural gas in energy transition as a main fuel which can help sustain energy security, especially with the emergence of new technologies that can reduce emissions.
The meeting also reviewed the latest developments of the partnership between Egypt and the EU in low carbon hydrogen projects.