The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with employees from Egypt’s Petrojet, who are located in Algeria, to review work done for Algerian Sonatrach, worth $185m, reported Al Watan News. During the meeting, El Molla highlighted the necessity of committing to deadlines, as Petrojet’s staff are considered Egypt’s Ambassadors to Algeria.
In related news, El Molla was in Algeria to attend the 15th International Energy Forum (IEF). On the sidelines of the forum he met with the Algerian Minister of Energy and Mining, Nouredine Bouterfa, to discussed possible ways of mutual cooperation. The two ministers discussed oil and gas market upgrades and the efforts exerted by the Organization of the Petroleum Exporting (OPEC) countries to reach global market stability.
El Molla also met with the IEF’s Secretary General, Sun Xiansheng to discussed Egypt’s strategic plans for the petroleum sector that aims to motivate international oil and gas companies to invest in the country as well as recent petroleum discoveries, especially in Mediterranean Sea Concession, Delta Concession and Western Desert Concession.