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Minister of Petroleum receives a delegation of the French company “Total Energy”

Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, received a delegation from the French company Total Energy, headed by Jean Gaillet, vice president of the company for exploration and production in North Africa, and the accompanying...

Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, received a delegation from the French company Total Energy, headed by Jean Gaillet, vice president of the company for exploration and production in North Africa, and the accompanying delegation. The meeting dealt with the company’s plans and programs in the field of gas exploration in its concession areas in the Mediterranean.

Engineer Tariq Al-Mulla stressed that work in investing gas resources in the eastern Mediterranean region is witnessing a great development, within the framework of the system of cooperation and integration created by the Eastern Mediterranean Gas Forum, which contributed to uniting the efforts of the countries of the region and merging the efforts of governments and international companies operating in the region together, thus contributing to Support plans to pump investments in the development of gas resources .

Al-Mulla added that Egypt is considered a platform from which international companies launch to expand their business in the eastern Mediterranean region, in light of the availability of liquefied natural gas infrastructure .

During the meeting, the minister discussed with the officials of the French company the acceleration of the search and exploration of natural gas in its concession areas in the Mediterranean, in an effort to reach the desired results and achieve new discoveries, especially since there are encouraging factors such as the availability of liquefied natural gas infrastructure in Egypt, which can be linked to new discoveries and distinguished expertise in this field .

Al-Mulla stressed that gas will remain the most important fuel in the energy mix for a long time, as it is the cleanest fossil fuel and a source of energy, stressing the importance of increasing the use of renewable and green energy in parallel with the increase in natural gas production .

Source: State Information Service Egypt