20 Hrs
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بوابة الفجر
بوابة الفجر
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Egyptian Petroleum Minister discussed with ExxonMobil the implementation of the memorandum of understanding to enhance the connection between the Cypriot gas discoveries and the Egyptian infrastructure for re-exporting gas, through projects like "Cronus" and "Aphrodite." The two sides agreed to expedite the formation of committees and establish timelines for technical and commercial studies, aiming to reach a final investment decision on developing the discoveries. The collaboration aims to enhance regional energy security, utilize Egyptian infrastructure, and develop industries such as fertilizers and petrochemicals.
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