Egypt key regional player in oil, gas sectors: French ambassador

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Fri, 14 Feb 2020 - 02:21 GMT

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Fri, 14 Feb 2020 - 02:21 GMT

File- GSP Jupiter rig towed to Epsilon Oil Field (7/2018) - Photo from Energean official website

File- GSP Jupiter rig towed to Epsilon Oil Field (7/2018) - Photo from Energean official website

CAIRO - 14 February 2020: French Ambassador in Cairo Stephane Romatet said Egypt has become a key regional player in the oil and gas sectors, expressing French firms’ desire to invest in Egypt, given the country’s full potential that helps it be an oil and gas hub in the entire east Mediterranean region.

In statements to MENA, Romatet lauded Egypt-France strong relations in all fields, which he said was made clear in close coordination and exchanged visits between the two countries at all levels.

In this regard, the ambassador highlighted the recent visit made by a delegation from the French-Egyptian Friendship Group of the French Senate, headed by Catherine Morin-Desailly, to Cairo, where they were received by President Abdel Fattah El Sisi.

The coming stage is set to witness an exchange of visits between the two sides, Romatet said, noting that the French Embassy is preparing high-profile visits to Paris and Cairo.

He added that French Foreign Minister Jean-Yves Le Drian would meet with his Egyptian counterpart Sameh Shoukry on the sidelines of the Munich Security Conference, which kicked off on Friday.

Meanwhile, he pointed out to 10 France-based energy companies’ participation in the Egypt Petroleum Show (EGYPS 2020).

He added that other French firms working in Egypt have also taken part in the three-day event that was wrapped up on Thursday.

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