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The meeting between the Minister of Planning and Economic Development and the Minister of Petroleum and Mineral Resources discussed the current situation and future prospects of Egypt's petroleum sector. Emphasis was placed on achieving significant growth in production and improving refining performance, which increased by 22.4% in the third quarter of 2025-2026, and by 8.7% during the same fiscal year. The efforts to develop gas fields and boost investments were also reviewed, along with the Ministry of Petroleum’s expansion in establishing fueling stations for vehicles, increasing from 2,900 stations in 2014 to 4,107 stations by the end of 2025-2026. Focus was also on enhancing citizen services such as natural gas delivery, converting vehicles to run on gas, and reducing dependence on imports. Additionally, it was reaffirmed that Egypt continues to diversify its energy sources, including projects linking Cypriot gas fields and infrastructure development to strengthen Egypt’s role as a regional energy hub, thereby supporting energy security and increasing domestic production.
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