Egyptian President Abdel Fattah El Sisi agreed with his Cypriot counterpart, Nicos Anastasiades, and Greek Prime Minister Alexis Tsipras to establish an Eastern Mediterranean gas forum to be headquartered in Cairo, Egypt Oil & Gas reports.

The agreement came during the sixth trilateral Summit between the three leaders held in Crete on October 10.

The forum will include regional natural gas producers, importers and transit countries. It aims to coordinate policies related to using natural gas in ways that provide mutual benefit for the region’s countries.

The summit discussed ways to boost relations in all fields and tackled several issues of common concern.

Following the summit, the three leaders witnessed the signing of several memoranda of understanding covering the fields of investments, education, small and medium-sized businesses, customs and welfare.