Minister of Petroleum and Mineral Resources Tarek El Molla has expressed the desire of the Egyptian petroleum companies which work in the field of projects and services to cooperate with Yemen.

This came during his meeting with Yemen’s Minister of Oil and Minerals Saeed Al-Shamasi, on the sidelines of the 12th Arab Energy Conference held in Qatar.El Molla expressed his support for the cooperation and understanding between the two countries in the fields of oil, gas, and mining industries within the framework of the agreement signed between the two sides.

Furthermore, the two parties explored the potential for contributing to the development of petroleum agreements in Yemen, recognizing it as a crucial area for the country’s oil and gas industry. They also discussed Yemen’s plan to leverage its strategic location for storing oil and petroleum products, establish refineries, and draw upon Egyptian expertise in the natural gas field, particularly compressed natural gas (CNG) for vehicle fuel. Additionally, they explored cooperation opportunities in the mining industry.

The meeting touched on the Yemen’s participation in the Egypt Energy Show (EGYPES) 2024, which will be held in February 2024 .