23 Hrs
Source:
الاقتصادية
Emirati-Egyptian Pact for Energy Investment
The article pertains to the expansion of strategic cooperation between Egypt and the United Arab Emirates in the energy sector, particularly through increasing ADNOC’s investments in the exploration and production of natural gas in Egypt. During a meeting between the Egyptian Minister of Petroleum and Dr. Sultan Al Jaber of ADNOC, discussions covered opportunities for developing gas fields, including the Haramitan field project, as well as investing in untapped areas in the Mediterranean and Red Seas, with the aim of boosting domestic gas production and achieving energy security in Egypt. The talks also reviewed progress in collaborative projects with Egyptian companies such as ENPPI and Petrojet, and the advanced technologies employed by ADNOC, all contributing to attracting new investments and developing the region’s gas resources.
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