Egypt has good opportunities in accelerating energy transition and the renewable energy field due to the interest of companies operating in the sector in pushing towards this transition, Minister of Petroleum and Mineral Resources Tarek El Molla said in an interview with Asharq Business on the sidelines of an event related to Egypt Energy Show 2024 (EGYPES 2024).
El Molla explained that oil and gas companies are including renewable energy in their business scope. He added that they are interested in accelerating energy transition and adding energy produced from renewable sources to save natural gas to be used in petrochemical industries, fertilizers production, or to be liquefied for export.