Egypt, Greece Hold Talks on Green Energy Production at COP28

Egypt, Greece Hold Talks on Green Energy Production at COP28

Minister of Petroleum and Mineral Resources Tarek El Molla has held a meeting with the Greek Deputy Minister of Environment and Energy Alexandra Sdoukou on the sidelines of COP28.

The two officials exchanged visions about expanding the production of green energy from various sources. They also discussed means to exploit the infrastructure of both countries, with a particular emphasis on Egypt’s liquefaction plants for natural gas for its transition to Europe via Greece.

In this same context, El Molla held another meeting with Maria Rita, the CEO of the Greek company DESFA, as they reviewed aspects of cooperation in implementing low-carbon energy projects.

On her part, Rita expressed the company’s interest in forming partnerships with Egyptian companies in the gas industry to facilitate the export of liquefied gas from Egypt to Europe through Greece, taking advantage of Egypt’s capabilities and Greece’s LNG infrastructure for the mutual benefit of the two countries.

Notably, Egypt’s Ministry of Petroleum and Mineral Resources will organize an energy session later during COP 28 to express the balanced approach the oil and gas industry takes for meeting energy demands and addressing climate change.

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