Molla presents Egypt energy strategy in ADIPEC 2017

CAIRO - 13 November 2017: Minister of Petroleum and Mineral Resources Tarek El- Molla on Monday took part in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017, that kicked off earlier in the day.

Molla attended the Ministerial Panel: Creating energy opportunity through foresight, vision, inspiration and innovation, during which he reviewed Egypt's energy strategy, challenges and available opportunities.

Molla pointed out that the strategy depends on several axes that aim to minimize the gap between production and consumption.

Egypt's strategy includes luring new investments in the research and development fields, as well as upgrading infrastructure of petroleum and gas in addition to diversification of energy resources so as to make Egypt a regional hub for gas and row oil trading, Molla noted.

He also stressed that the Egyptian government is concerned about developing the youths' abilities within the framework of the sector's strategy for developing human resources.

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