El Molla Discusses Energy Cooperation with Croatia FM

El Molla Discusses Energy Cooperation with Croatia FM

The Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the Croatian Minister of Foreign and European Affairs, Gordan Grlić, to discuss possible energy cooperation between Egypt and Croatia.

Grlić stated that the Croatian exploration and production (E&P) company, INA, has plans to expand its investments in the coming period. He encouraged that a cooperation protocol should be signed soon between the two countries. El Molla concurred that the protocol should underline the foundations of cooperation between the Egyptian Natural Gas Holding Company (EGAS) and INA to further develop the agreement. He added that it was agreed to draft a protocol to be signed.

During the meeting, El Molla reviewed the Eastern Mediterranean Gas Forum’s (EMGF) progress and highlighted its role in securing gas to Eastern Mediterranean and European countries. That of course due to the infrastructure, networks, and gas pipelines that increase cooperation in this regard. 

It should be noted that the EMGF boosts Egypt’s plan as an oil and gas trading hub in addition to achieving integration with European countries.

 

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