Egypt will reduce jet fuel prices by 15 cents per gallon from 21 January till the end of 2021 to support the tourism and aviation sectors, which facing COVID-19 pandemic challenges.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of an agreement with the International Islamic Trade Finance Corporation (ITFC) to provide integrated financing solutions to all Egypt's sectors for 2021 worth $1.1 billion. This was in the presence of Hala El Said, the Minister of Planning and Economic Development, Ali Al-Moselhi, the Minister of Supply and Internal Trade, Rania Al-Mashat, the Minister of International Cooperation (MOIC), and Neveen Gamea, the Minister of Trade and Industry via video conference.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to support the petroleum sector with the necessary capabilities and achieve future goals.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to boost the petroleum sector with the needful efficiencies and achieve future goals.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has reviewed the significant achievements of the petroleum sector during the period from March up till now despite coronavirus and its consequences.

The Chairman of Gas Region (Regas) Company, Hatem Abdel Ghany, stated that Regas targets to link natural gas to 126,500 clients in its operation regions until June 2021, noting that the company is operating in Sohag, Qena, Marsa Matruh, and New Alamein in addition to 11 area in Al Sharqiya.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met the European Union (EU) to Egypt Ambassador, Christian Berger to discuss partnership initiatives in the energy sector between Egypt and EU and how to be boosted during the upcoming period.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met with the Minister of Tourism and Antiquities, Khaled Al-Anani and Minister of Civil Aviation, Mohamed Manar, to discuss how to support tourism sector and stimulate aviation sector.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies in the aim of supporting the petroleum sector with the necessary efficiencies to achieve the targeted goals.

President Abdel Fattah Al Sisi has discussed cooperation ways in Energy with the Greece’ Minister of Energy and Environment, Kostis Hatzidakis during his visit to Athena.