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Egypt, US discuss energy security

The visit to the US aimed to discuss ways to enhance cooperation in developing energy resources, push efforts to reduce emissions in the oil and gas.
13.03.23 | Source: Asharq Al-Awsat

Egypt’s Minister of Petroleum and Mineral Resources Tarek el-Molla held several meetings in Washington with some businessmen, research and academic institutions, officials of the Ministry of Energy, and members of the US Congress.


 


The Minister said that his visit to the US aimed to discuss ways to enhance cooperation in developing energy resources, push efforts to reduce emissions in the oil and gas industry, and advance regional integration efforts in exploiting energy resources and natural gas in the eastern Mediterranean region.


 


Egypt seeks to be a regional hub for renewable energy, as part of its 2030 sustainable development strategy, especially in green hydrogen.


 


Last April, Prime Minister Mostafa Madbouly confirmed that Egypt was accelerating toward adopting proposals to attract more foreign investments in green hydrogen production.


 


Also, during President Abdel Fattah al-Sisi’s visit to Germany last year, he promised to facilitate natural gas exportation to Europe to face the current crisis resulting from the repercussions of the Russian-Ukrainian war.

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