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The Energy and Environment Committee of the House of Representatives, in its 2026/2027 budget report, recommends developing mechanisms to attract local and foreign investments in the fields of research, exploration, and production. It also emphasizes accelerating the implementation of refining and petrochemical projects to increase added value and reduce import costs. Furthermore, the committee highlights the importance of expanding digital transformation programs, improving energy efficiency, promoting conservation, reducing carbon emissions, supporting the expansion of natural gas services, and strengthening low-carbon energy projects and regional and international cooperation. These efforts aim to enhance Egypt’s position as a regional energy hub as part of the move towards a green economy.
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