Egypt’s Petroleum Ministry Seeks New Opportunities in Tanzanian Market

Egypt’s Petroleum Ministry Seeks New Opportunities in Tanzanian Market

Tarek El Molla, the Minister of Petroleum and Mineral Resources, has received Medard Kalemani, Tanzania’s Minister of Energy, and his delegation in order to seek the cooperation between the two parties, and opportunities for Egyptian oil and gas firms to enter the Tanzanian market, aiming to execute diverse projects and activities.

According to the Egyptian ministry’s statement that was published on Monday October 7, 2019, the two sides agreed to establish joint working groups to promote cooperation between Egypt and Tanzania, and exchange experiences in the technical and administrative fields.

On the other side, the Tanzanian minister expressed his country’s desire to benefit from the Egyptian experience in the oil and gas field, as Tanzania is currently delivering natural gas to homes.

Also, Tanzania targets to utilize the Egyptian experience in its petrochemical projects aiming to maximize the economic benefit from the country’s oil discoveries, in addition to making use of the distinguished training centers in Egypt to prepare Tanzanian cadres, Kalemani pointed out.


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