Minister of Petroleum and Mineral Resources Tarek El Molla held talks with Cypriot Minister of Energy, Commerce and Industry Natasa Pilides on the sidelines of his participation at the Gastech Exhibition and Conference 2022 in Milan, Italy.

During the meeting, the two ministers discussed joint cooperation projects and the conditions of the oil and gas market in light of the challenges that they face. They further reviewed the current status of the gas discoveries made in Cyprus and how to optimize their exploitation, noting that Cyprus seeks to benefit from Egypt’s facilities and infrastructure which will receive Cypriot gas after developing the discoveries which serve the interests of both countries.

The two ministers highlighted the importance of continuing coordination and constructive cooperation between both sides in light of the increasing importance of natural gas, especially during the energy transition. They also discussed what task forces on both sides have accomplished to support the bonds of cooperation under the umbrella of the East Mediterranean Gas Forum (EMGF).