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Egyptian Gazette
Home Business

Egypt, France hold talks on promoting joint co-operation in oil, gas sector

by Gazette Staff
November 2, 2021
in Business, Egypt
Minister of Petroleum and Mineral Wealth Tarek el-Mollah during his meeting on Tuesday with French Ambassador in Cairo Marc Baréty.

Minister of Petroleum and Mineral Wealth Tarek el-Mollah during his meeting on Tuesday with French Ambassador in Cairo Marc Baréty.

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CAIRO – Egyptian Minister of Petroleum and Mineral Wealth Tarek el-Mollah conferred on Tuesday with French Ambassador in Cairo Marc Baréty on means of enhancing joint co-operation in the oil and gas sector as well as current ties with the French companies.

In statements on Tuesday, Mollah said the Egyptian-French ties are extending and well established and have recently witnessed a notable progress.

Mollah reviewed with the French ambassador the current co-operation with a number of French companies to accomplish new projects in the oil and gas sector.

He said talks covered current co-operation with the French companies topped by Total Energies which have already launched investments in Egypt in the fuel distribution and exploration for natural gas in the new areas and the Mediterranean Sea.

The Egyptian minister briefed the French diplomat on the Oil Ministry’s efforts to upgrade the exploration mechanism to provide new opportunities to lure international companies to work in Egypt in the areas of the Western Desert, the Gulf of Suez and the Mediterranean Sea.

The French ambassador, for his part, voiced happiness over his presence in Egypt in the current phase which witnessed a big leap in the development and construction process, adding that his country is keen on consolidating ties with Egypt in all fields.

Tags: co-operationEgyptFrance

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