Oil minister discusses cooperation with Italian, French firms

CAIRO - 12 February 2020: Minister of Oil Tarek El Molla on Wednesday held talks with the Chairman of Italian Tecnimont company Pierroberto Folgiero on means of boosting joint cooperation.

The meeting was held on the sidelines of EGYPS 2020 conference in Cairo.

The two sides discussed a project for producing propylene and poly propylene along with a project for hydrocracking and gasoline production in Suez.

The Italian delegation expressed keenness on investment in Egypt and participating in current mega projects in the country.

Molla also discussed on the sidelines of the conference with the French Exness company Hydrocracking projects in Assiut and another oil refining project in the Red Sea.