The Egyptian President Abdel Fattah El Sisi met with Eni’s CEO, Claudio Descalzi, as a regular follow up on the updates of Eni’s work in Egypt, Egypt Oil & Gas reports.
El Sisi praised Eni’s efforts that contribute to the best use of Egypt’s natural gas resources, in addition to the professionalism and the global standards that Eni follows in conducting its activities in Egypt.
Egypt is looking forward to boosting cooperation with Eni to achieve growth for the two sides, El Sisi noted, urging the ministry of petroleum to cooperate with Eni and ease any obstacles facing the company’s work.
Furthermore, Descalzi praised the cooperation between his company and Egypt, pointing out that Egypt’s energy sectors, including renewable energy sector, offer promising opportunities.
Eni invested $13 billion in Egypt during the past three years and the company intends to increase its investment value in the upcoming period ,Descalzi noted.