El Molla, Descalzi Discuss Developments of Eni’s Business in Egypt

El Molla, Descalzi Discuss Developments of Eni’s Business in Egypt

On the sidelines of the CERAWeek conference, the Minister of Petroleum and Mineral Resources, Tarek El Molla met with the CEO of Eni company, Claudio Descalzi, discussing the business of the company in Egypt and the regional cooperation in exporting liquefied natural gas (LNG) to Europe through the Egyptian infrastructure.

During the meeting, the two sides affirmed to go forward on the ambitious plans to accelerate the development and production process of the fields and concession areas where Eni is working.

For his part, Descalzi expressed the commitment of Eni to support the efforts of the Egyptian petroleum sector to increase production as well as its support for the energy transition initiatives.

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