Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Egypt to launch initiative to develop energy transition in Africa

The initiative, in cooperation with the African Union and African energy ministers, to be launched during the upcoming COP27 climate summit.
27.03.22 | Source: Egypt Independent

The Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla announced Friday that his country is preparing an Egyptian initiative to develop energy transition in Africa – supplying energy from renewable sources – in cooperation with the African Union and African energy ministers, to be launched during the upcoming COP27 climate summit.


Mulla’s statements came during his participation in the activities of the second day of the meetings of the International Energy Agency held via video conference.


Egypt, based on its belief in the importance of cooperation, took the initiative to mobilize all the efforts of the eastern Mediterranean countries for cooperation and integration under the umbrella of the East Mediterranean Gas Forum, the minister explained.


The forum’s members adopted a unified vision to benefit from natural gas as the cleanest and reliable hydrocarbon fuel within the energy system, he said, which represents one of the solutions needed to confront climate change.

FREE NEWSLETTER