The Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the Croatian Minister of Foreign and European Affairs, Gordan Grlić, to discuss possible energy cooperation between Egypt and Croatia.

The fourth ministerial meeting of the Eastern Mediterranean Gas Forum (EMGF) convened on March 9 and concurred that Egypt will continue its presidency of the EMGF led by the Minister of Petroleum and Mineral Resources, Tarek El Molla, until the end of 2021. 

The Minister of Petroleum and Mineral Resources, Tarek El Molla, affirmed that Egypt conducted international and regional partnerships, during the last few years, to trade and distribute petroleum products and natural gas with countries in the East Mediterranean, United States and European Union (UN) in light of its target to be converted into regional energy hub.

Egypt and Palestine signed a memorandum of understanding (MoU) between the partners of the Gaza gas field; the Palestine Investment Fund (PIF), the Consolidated Contractors Company (CCC), and the Egyptian Natural Gas Holding Company (EGAS) to develop the Gaza gas field and the necessary infrastructure.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, will visit Ramallah and Israel to held meeting with Mohamed Mustafa, the Palestinian President Advisor for Economic Affairs, and Yuval Steinitz, the Minister of Energy in Israel to support the efforts and goals of the Eastern Mediterranean Gas Forum (EMGF).

The Minister of Mineral Resources, Tarek El Molla, held a bilateral meeting with Hala Zawati, Minister of Energy and Mineral Resources in Jordan to discuss ways to boost oil and gas field during the coming period.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, received a delegation from BP British Company to discuss the cooperation projects between petroleum sector and Bp in Egypt and to review the development of the international oil and gas prices within the challenges of COVID-19.

The Eastern Mediterranean Gas Forum (EMGF) reviewed the headquarters (HQ) agreement between Egypt and the forum during its first meeting after its official establishment.

The petroleum sector’s investment rate over the past six years has surpassed EGP 1.2 trillion in addition to attracting about 90% of foreign investment to Egypt.

The Ministry of Petroleum and Mineral Resources in cooperation with the European Union (EU) launched an energy efficiency capacity building program. This came during the EU’s Support the Technical and Financial Sustainability of the Renewable Energy and Energy Efficiency Sectors event.