On the occasion of its 50th anniversary celebration, Minister of Petroleum and Mineral Resources Tarek El Molla has participated in the ministerial meeting of the International Energy Agency (IEA) 2024.

Held in Paris on the 13th and 14th of February, the meeting aimed to discuss the main issues and challenges which threaten energy security, in addition to international efforts to achieve the outcomes of COP28.

At his speech, El Molla highlighted the importance of global cooperation to achieve emissions reduction goals and preserve the environment through exchanging expertise, learning from success stories,  and providing cost-effective technologies needed for clean energy.

He emphasized that Egypt initiated the idea of establishing East Mediterranean Gas Forum (EMGF) as a platform for supporting cooperation between East Mediterranean countries and targeting regional integration in the field of energy.

He also highlighted the key role of organizations that facilitate international cooperation, including the IEA, in confronting the challenges facing the energy field, especially for developing countries.

To conclude, El Molla stressed on the necessary acceleration of innovative clean energy technologies to meet the goals of The Paris Agreement.