Minister of Petroleum and Mineral Resources, Tarek Al-Molla, met with Deputy General Manager of Energy at the European Union (EU)’s Commission, Christopher Jones, and the accompanying delegation to discuss areas of cooperation between Egypt and EU, Egypt Oi&Gas reported. They further discussed the tools needed to magnify this cooperation during the coming period, stressing on the fact that the EU is Egypt’s main energy partner.
The two parties agreed on developing specific plans to be executed, including Egypt’s main important project which aims to turn Egypt into a regional energy trading hub.
In addition, Egypt and EU collaborate in the field of boosting energy efficiency and decreasing consumption. The minister and his guests explored how to exploit new and renewable energy so that it can have a significant effect in diversifying the energy mix in Egypt.
During the meeting, the two sides agreed to form joint working groups in order to implement these objectives.