Minister of Petroleum and Mineral Resources Tarek El Molla has met with a delegation from General Electric (GE) to explore the possibility of boosting cooperation in sustainability, emissions reduction and hydrogen production.

They also held talks over the latest memorandum of understanding (MoU) signed with Egyptian Natural Gas Holding Company (EGAS) during Decarbonization Day to decarbonize the Gulf of Suez zone.

The delegation congratulated the minister for the success of COP27 in Egypt noting that Decarbonization Day had a notably positive outcome. They also expressed their desire to invest in Egypt, especially in hydrogen production as Egypt is considered a gateway to the rest of Africa.