Egypt

The Minister of Petroleum meets the Minister of Economic Affairs and German Climate Work

On the sidelines of the activities of the eleventh session of the Berlin Dialogue on the transformation of energy held in Berlin & Nbsp, Eng. Karim Badawi, Minister of Petroleum and Mineral Resources Robert Habak, met the Minister of Economic Affairs and German Climate Work.

& nbsp; The meeting reviewed the results of the discussions that took place on the completion of the contractual items of the Energex Power & nbsp; With senior officials of the Ministry of Economic Affairs and Climate Work and EGAS in preparation for signing the contract at the earliest time.

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& nbsp; The German minister touched on the possibility of purchasing quantities of gas within the framework of the recently concluded agreement between Egypt and Cyprus to transport gas produced from the Cypriot fields to Egypt through Egyptian liquefaction facilities, and in light of the recent discoveries in the eastern Mediterranean region.

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& nbsp; & nbsp; The meeting also discussed ways to transfer German expertise and technology in the field of hydrogen production and generation to the Egyptian side by implementing joint projects based on distinguished German expertise and promising infrastructure in the field of hydrogen production and generation, and the two sides discussed ways to provide funding and investments necessary for these projects in light of the outputs of the Berlin Dialogue, whose activities focused on mobilizing investments in order to shift in the field of energy and green growth in the two countries Young and developing.

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& nbsp; & nbsp; the two sides also discussed ways of cooperation in the field of storage, trade and trading of carbon, in order to activate the provisions of the intention of the intentions that were signed in November 2022 between the ministries of oil, mineral wealth, electricity and renewable energy in Egypt and the Ministry of Economic Affairs and German Climate Work for cooperation in the fields of LNG and hydrogen Green.

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  • Source of information and images “rosaelyoussef”

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