The Egyptian Ministry of Petroleum and Mineral Resources supports developing scientific research in order to cope with the information breakthrough and the enormous technological trends currently witnessed across the world. It further encourages continuing scientific research and linking it to application, highlighting that the sector puts a great confidence in scientific researches and Egyptian scientists.

The statement came in the speech delivered on the Miniter of Petroleum’s behalf by Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, in the opening of the 21st International Conference on Petroleum, Mineral Resources and Development, organized by the Egyptian Petroleum Research Institute.

The speech acknowledged the importance of implementing recent technologies in solving problems and developing ideas and innovative methods of development in light of the current activities in all stages of the oil and gas industry and the different infrastructure in ports, lines, and facilities, with emphasis on the economic side to achieve the basic objectives of increasing production and maximizing value added, as well as rationalizing expenses and providing the needs of citizens of all petroleum products and natural gas.