El Molla, Nunn Discuss Oil, Gas Areas of Cooperation

El Molla, Nunn Discuss Oil, Gas Areas of Cooperation

Tarek El Molla, the Minister of Petroleum and Mineral Resources, received Cyrill Nunn, the German Ambassador to Egypt, following Nunn’s assumption of his new position in Egypt, according to the Cabinet’s Facebook page.

El Molla and Nunn discussed the bilateral cooperation ties in the oil and gas sector, in light of having close economic relations. Furthermore, they reviewed the Exploration and Production (E&P) activities of the German oil and gas companies in Egypt, especially Wintershall Dea.

They also discussed the steps taken in transforming Egypt into a regional hub. El Molla stressed the European Union’s (EU) support in this transformation, which was reflected in the visit of the European Commissioner for Energy and Climate to Egypt last year.

During the meeting, El Molla and Nunn reviewed the East Med Gas Forum (EMGF) and its objectives of intensifying cooperation and partnership among the member countries to benefit from the regional potential natural gas discoveries.

For his part, Nunn praised the efforts exerted by the government and the Ministry of Petroleum in supporting the partnership with the German companies as well as the implementation of mutual successful projects.

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