20 Hrs
Source:
الراي
Sisi urges incentives to boost gas and oil partners
Egyptian President Abdel Fattah El-Sisi emphasized the importance of providing incentives to encourage partners in the oil and gas sector to expand their exploration and drilling activities, increase production rates of gas and oil, and work to overcome the challenges faced in implementing these programs, with the goal of achieving a tangible increase in output. He also stressed the need to turn objectives into clear programs with measurable indicators that can be monitored, as well as enhancing the added value of mineral resources to support the national economy. Regarding the partnership with Eni, Sisi appreciated its activities in Egypt and expressed his hope for increased investments and strengthening Egypt’s role as a regional hub for gas, while reaffirming the state's commitment to offering facilitation and ongoing cooperation to boost production and expand exploration and drilling efforts.
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