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Egypt to boost oil and gas output
The Egyptian Minister of Petroleum stated that his country is striving to enhance oil and gas production and to maximize the utilization of infrastructure. He pointed out that Egypt possesses two liquefied natural gas (LNG) complexes in Edco and Damietta, with the goal of exporting the gas resources available in the Eastern Mediterranean. He also explained that the mining sector is considered an important driver of economic growth, with a focus on attracting investments and developing the sector with strategies aligned with the global market. Additionally, Egypt is adopting a comprehensive vision for the energy mix, which includes renewable energy, nuclear power, hydrogen, and green ammonia, to achieve sustainable development.
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