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Prime Minister updates Petroleum Minister
Prime Minister Mostafa Madbouly held a discussion with Minister of Petroleum Kareem Badawy regarding Egypt's energy security plan. The focus was on increasing domestic production and accelerating the development of new discoveries to strengthen energy security, contributing to market stability and enhancing Egypt's position as a regional energy trading hub. It was also announced that production has begun from a well in the western Nile Delta ahead of schedule, adding approximately 80 million cubic feet of gas daily. Additionally, a contract was signed to supply gas to an industrial area in Jordan, valued at around $22.7 million, as part of efforts to expand regionally and boost the international investments of Egyptian petroleum companies.
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