El Molla to Talk Gas Imports with Cyprus

El Molla to Talk Gas Imports with Cyprus

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, is scheduled to visit Cyprus late August, in order to sign an agreement with the Energy Minister, Yiorgos Lakkotrypis, to enable importation of Cypriot gas to Egypt, reported Arab Energy News.

The agreement includes gas transportation from Cyprus’ Exclusive Economic Zone (EEZ) to gas terminals and power stations in Egypt, according to InCyprus News.

This development, along with the other two agreements being worked on, paves the way for gas to be transported in pipelines to Egypt and not to Turkey as some third parties, including Israel, insist on.

Earlier in August, in a meeting with the Egyptian Prime Minister, Sherif Ismail, and Egyptian Minister of Foreign Affairs, Sameh Shoukry, the Cypriot Foreign Minister, Ioannis Kasoulidis, stressed the importance of enhancing bilateral relations between the two countries, especially in the energy and gas sectors, Daily News Egypt Informed.

Sarah Samir 3458 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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