Egypt officially joins Int'l Energy Agency

CAIRO - 14 February 2022: Fatih Birol, CEO of the International Energy Agency, announced, during his speech at the opening of the fifth session of the EGYPS 2022 conference, that Egypt officially joined the agency as a member.

 

Birol praised Egypt's remarkable success stories, adding that Egypt, Africa and the world are at a defining moment in terms of energy and climate, according to a statement from the ministry.

 

He affirmed full support for Egypt in light of its hosting of the COP27 global climate summit and its leadership of the African continent to come up with decisions from the summit that suit the continent, which suffers from great challenges represented in the window for electricity and cooking by primitive means that result in disasters.

 

He also referred to a number of indicators on the situation in Africa, and the suffering of access to energy for its population, as he explained that the volume of solar energy production in sub-Saharan Africa is equivalent to half of that produced by Belgium alone, and that Mozambique, for example, has less than 40% of them have electricity despite its gas discoveries.

 

"This shows that the world still needs oil and gas, and that we must address climate change, focus on innovation, find modern technologies for storing carbon, and develop a sophisticated strategy for that,” he added.

 

He pointed out the importance of having a unified vision for the African continent to shift to energy and investment that draws the world's attention to Egypt during the World Climate Summit next November.