The Minister of Petroleum and Mineral Resources Tarek El Molla declared that the petroleum sector succeeded in achieving a leap in natural gas utilization during the past eight years.
The Minister of Petroleum and Mineral Resources Tarek El Molla said that the petroleum sector implemented a number of procedures and initiatives to support Energy Transition and emission reduction efforts at the same time of hosting COP 27 Summit at the end of 2022.
The Minister of Petroleum and Mineral Resources Tarek El Molla announced that Egypt is currently implementing several projects in order to raise the natural gas grid efficiency with investments exceeds EGP 6 billion.
The executive status of the Hayah Karima (Decent Life) projects shows that 4 new villages were connected to the national natural gas grid. The new villages are Tahanoub, Nazlat Arab Juhayna, and Arab Al-Sawalha in Qalyubia Governorate, as well as Sabk in Menoufia Governorate.
El Molla sent his salutation to every loyal and honest worker who spares no effort or thought to support the petroleum work system, which honors the presence of responsible men capable of performance and decision-making and who favor their homeland, its stability, construction and development.
El Molla pointed out the importance of continuous follow-up on a daily basis to ensure the availability of products easily and conveniently, especially with the current holiday season as well as the harvest season, which witnesses seasonal increases in such periods and is regularly met.
Minister of Petroleum and Mineral Resources,Tarek El-Molla, and Governor of South Sinai, Khaled Fouda, signed a cooperation protocol to convert cars in Sharm El-Sheikh to work with natural gas as fuel, in the context of supporting the city’s hosting of the United Nation's (UN) Climate Change Conference 2022 (COP 27)next November.
Prime Minister Mostafa Madbouly held a meeting with CEO of the Norwegian renewable energy company Scatec Terry Belskog to discuss the first issuance of green bonds to refinance the company's plants in the "Benban Solar Complex".
Egypt, which is one of Argentina's 23 listed producers and traders, is set to ship two rare cargoes of LNG, the first since 2013, reflecting how a tight global market is influencing supply routes.
The Minister of Petroleum and Mineral Resources Tarek El Molla has reviewed the latest oil and gas markets' situation in the light of the current challenges and mining activities with the Australian ambassador to Egypt Glenn Miles.
