FILE - Minister of Petroleum Tarek El-Molla speaks during the Al-Ahram Energy Conference on December 18, 2017
CAIRO - 31 March 2022: Petroleum Minister Tarek el-Molla had talks with Angolan Ministers Téte António of Foreign Affairs and Ana Paula Neto of Sports and Youth on means of enhancing cooperation in energy domains, especially liquefied natural gas exportation.
In a statement on Thursday, the ministry said the talks addressed means of unifying efforts among African countries to confront the challenges facing the oil and natural gas industry.
The talks tackled ways of financing new and renewable energy projects as well as African initiatives and issues due to be raised during the United Nations Climate Change Conference (COP27) which Egypt will host in November.
Mulla reviewed the activities of Egyptian oil companies and projects which they implement or contribute to in Africa, Arab countries and the Middle East region.
He referred to the meetings among the ministers and officials in Africa during the Egypt Petroleum Show (EGYPS) 2022 and CERAWEEK in the US to prepare an Egyptian initiative about Africa for energy transformation that will be launched at COP27.
He highlighted the importance of securing needed finance and technology for Africa to implement such projects.
Mulla underlined the importance of enhancing cooperation and integration among African countries to boost energy wealth, implement energy projects and secure needed investments for these projects.
Meanwhile, Angolan Minister António said his country is looking forward to cooperating with Egyptian petroleum companies to benefit from their expertise.
He invited officials of Egyptian companies to visit the Angolan capital soon to stand on available cooperation opportunities.
It was agreed during the talks to enhance cooperation between petroleum sector companies, such as Petrojet, and the National Fuel Society of Angola Sonangol.