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President calls for expanding gas exploration, production activities with Eni

President calls for expanding gas exploration, production activities with Eni

January 16, 2023
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Home Egypt

President calls for expanding gas exploration, production activities with Eni

by Gazette Staff
January 16, 2023
in Egypt, Local
President calls for expanding gas exploration, production activities with Eni 12 - Egyptian Gazette
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Egypt’s President Abdel Fattah El Sisi on Monday called for expanding gas research, exploration and production activities and efforts in coordination between the Ministry of Petroleum and Italian company Eni, with the aim of achieving optimal utilization of Egypt’s natural resources and the gas and energy sector, and also as a continuation of the fruitful cooperation process between the state and Eni.

The President’s remarks came as he conferred on Monday with Italian oil company Eni’s CEO Claudio Descalz in the presence of Minister of Petroleum Tarek El-Molla, Presidency Spokesman Ambassador Bassam Radi said.

During the meeting, the Italian company’s chief reviewed current and future plans to explore and produce gas in Egypt, in light of what it represents as a regional center for the circulation and production of energy and liquefied gas. Such a position, he noted, is becoming increasingly important in the context of the current global developments related to the energy crisis and given the promising opportunities and potentials that Egypt abounds in this field, the spokesman said.

Tags: Claudio DescalziEniNatural resources

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