During the G20 Summit in China, the Egyptian President, Abdel Fattah El Sisi, gave a speech with a special reflection on the country’s energy sector. El Sisi stated that enhancing cooperation in the energy field is vital due to the ongoing changes in global markets, reported Al Watan News.
The president added that Egypt currently covers 99% of the country’s energy demands, with recent discovers in Egyptian territorial waters having a pivotal role in boosting the country’s production capacity. Furthermore, Egypt has facilitated global energy transportation through the Suez Canal.
El Sisi conveyed the country’s eagerness to implement the G20’s plan to enhance the energy sector in the region, especially in light of Egypt’s latest renewable energy agreements with other African nations, such as Egypt’s talks with Burundi in regard to maintenance work for 120 electricity distribution transformers and the importation of 10 extra transformers.