Petroleum Ministry, USTDA sign cooperation agreement

CAIRO - 12 February 2020: Minister of Petroleum Tarek el Molla attended on Wednesday the signing of an agreement between the ministry and the US Trade and Development Agency that aims to further promote cooperation in developing the oil sector particularly its infrastructure.

The agreement, signed as part of -proceedings on the second day of the Egypt Petroleum Show 'EGYPS 2020' here today, targets wider participation by the private sector in the petroleum field and higher awareness of economic opportunities of common interest.

USTDA regional director Carl Criss, who signed the agreement with Petroleum Ministry Undersecretary Ossama Mubarez, said the agency aims to continue to provide funding for developing human resources, training programs, feasibility studies and consultations and exchanged trade missions as well as workshops and anything related to boosting projects and reaching best practices in the use of energy and other natural resources.