El Molla, Petronas Discuss Future Investments in Egypt

El Molla, Petronas Discuss Future Investments in Egypt

Egyptian petroleum minister, Tarek El Molla, met with Petronas CEO, Wan Zulkiflee, to review the company’s future investments in the Egyptian oil and gas sector, Egypt Oil & Gas reports.

During their talk, they also discussed the status of the 9B project, which is underway in the West Delta Deep Marine (WDDM) in partnership with Royal Dutch Shell.

El Molla pointed out that Egypt’s efforts to develop the petroleum agreements represent an important message for all international investors in this sector.

Petronas’s interests exceed exploration and production activities as there are investment opportunities in the fields of manufacturing, and marketing of petroleum products, Zulkiflee explained.

Cooperation with Misr Petroleum Company promotes the petroleum manufacturing and marketing fields and has established an economic partnership with mutual benefit, Zulkiflee added.

Sarah Samir 3401 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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