President Sisi: Egypt seeks to enhance Apache’s activities investments in the republic

CAIRO - 14 February 2022: President Abdel-Fattah El-Sisi affirmed Egypt seeks to enhance Apache’s activities and investments in the country so as to boost explorations in the field of gas and oil and to maximize the state’s benefit from its potential resources for the benefit of current and future generations, said Egyptian PresidentialSpokesperson Bassam Rady in a statement.

President Sisi’s comments were stated during his meeting with Chief Executive Officer (CEO) of the American company, Apache, Mr. John J. Christmann, on the sidelines of gypt International Petroleum Show, “EGYPS;” the company specialized in the field of petroleum research and exploration, Rady said.

The meeting was attended Minister of Petroleum and Mineral Resources, Eng. Tarek El-Molla, Rady continued, adding that Sisi affirmed Egypt's appreciation for Apache’s sizable activities and investments in Egypt. 

“The American company’s efforts contribute significantly to the exploration and production of oil and gas, in a manner that supports this sector and contributes to Egypt’s transformation into a regional hub for the production and trading of energy in the Eastern Mediterranean,” Rady said.

This comes within the framework of the profound cooperation and strategic partnership relations that extend between Egypt and the United States in all fields, he added.

Apache’s CEO expressed his pride and appreciation for meeting with President El-Sisi, stressing the utmost importance of the strategic partnership between Egypt and the company. 

Mr. Christmann expressed the American side's keenness to consolidate and develop the partnership, praising Egypt’s achievements under President El-Sisi’s leadership, in terms of economic growth and the tangible development boom that the country is witnessing. 

This is reflected in the remarkable progress in the field of energy and in the diversity of its resources, as well as in the level of the state's infrastructure, particularly in the oil and gas sector, in addition to the ongoing regional cooperation projects to connect, transport and liquefy gas.

Egypt,  Apache, Oil and Gas Exploration

President Sisi: Egypt seeks to enhance Apache’s activities investments in the republic

CAIRO - 14 February 2022: President Abdel-Fattah El-Sisi affirmed Egypt seeks to enhance Apache’s activities and investments in the country so as to boost explorations in the field of gas and oil and to maximize the state’s benefit from its potential resources for the benefit of current and future generations, said Egyptian PresidentialSpokesperson Bassam Rady in a statement.

President Sisi’s comments were stated during his meeting with Chief Executive Officer (CEO) of the American company, Apache, Mr. John J. Christmann, on the sidelines of gypt International Petroleum Show, “EGYPS;” the company specialized in the field of petroleum research and exploration, Rady said.

The meeting was attended Minister of Petroleum and Mineral Resources, Eng. Tarek El-Molla, Rady continued, adding that Sisi affirmed Egypt's appreciation for Apache’s sizable activities and investments in Egypt. 

“The American company’s efforts contribute significantly to the exploration and production of oil and gas, in a manner that supports this sector and contributes to Egypt’s transformation into a regional hub for the production and trading of energy in the Eastern Mediterranean,” Rady said.

This comes within the framework of the profound cooperation and strategic partnership relations that extend between Egypt and the United States in all fields, he added.

Apache’s CEO expressed his pride and appreciation for meeting with President El-Sisi, stressing the utmost importance of the strategic partnership between Egypt and the company. 

Mr. Christmann expressed the American side's keenness to consolidate and develop the partnership, praising Egypt’s achievements under President El-Sisi’s leadership, in terms of economic growth and the tangible development boom that the country is witnessing. 

This is reflected in the remarkable progress in the field of energy and in the diversity of its resources, as well as in the level of the state's infrastructure, particularly in the oil and gas sector, in addition to the ongoing regional cooperation projects to connect, transport and liquefy gas.