On the sidelines of the Sixth Ministerial Meeting of the Eastern Mediterranean Gas Forum (EMGF), Minister of Petroleum and Mineral Resources Tarek El Molla held bilateral talks with his Greek counterpart Costas Skrekas, during which they discussed ways to expand cooperation in the field of oil and gas to achieve mutual benefits for both sides.

Egypt is working to strengthen bilateral relations with Greece in the energy field through the electricity interconnection project and exporting Egypt’s surplus of natural gas to Europe.

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. 

President Abdel Fattah Al-Sisi praised the East Mediterranean Gas Forum (EMGF) as it set up a defined framework for joint projects in the natural gas field.

Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the new Egypt-Greece maritime demarcation agreement will create exploration and production (E&P) bid round opportunities in the Mediterranean.

The Minister of the Petroleum and Mineral Resources, Tarek El Molla, said that the Eastern Mediterranean Natural Gas Forum (EMGF), is responsible for the cooperation in order to overcome the challenges and the great changes in the region,

The Minister of Petroleum and Mineral Resources, Tarek El Molla, held bilateral discussions on the sidelines of third ministerial meeting of the Eastern Mediterranean Gas Forum (EMGF) with the Cypriot Minister of Energy and Industry, Yiorgos Lakkotrypis, and the Greek Minister of the Energy and Environment, Kostis Hatzidakis, to look into the situation of the natural gas regional cooperation.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, asserted the necessity of utilizing the tripartite cooperation between Egypt, Cyprus, and Greece in the Eastern Mediterranean region as an important model in order to deepen the Arab-European partnership and develop cooperation in diverse fields, citing a governmental statement.

The seventh tripartite summit between Egypt, Cyprus, and Greece will be convened on Tuesday, October 8, 2019 in Cairo, according to a governmental statement published on SIS.

Emirates National Oil Company (ENOC Group) will supply lubricants for up to 16 product tankers at Greece’s IMS Oil’s Fujairah and Singapore ports.