The joint efforts exerted by Egypt’s Ministry of Petroleum and Mineral Sources, in cooperation with international companions within the power sector, have boosted pure fuel manufacturing charges and ushered again a high-output part, Minister Karim Badawi stated throughout a gathering with CEOs and representatives of international petroleum, pure fuel, petrochemical, and mining firms working in Egypt.
The Minister famous that the current interval has seen constructive progress within the sector, marked by the beginning of seismic survey operations and exploration obligations assumed underneath a number of agreements. Egypt has additionally outfitted and operated a number of floating storage and regasification items (FSRUs) all through the previous few months, enabling it to deal with the high-consumption durations in summer time with out disruptions or load-shedding.
On the petrochemicals sector, Badawi highlighted its robust funding potential, each by present tasks and new partnerships, noting that world firms view it as extremely promising. He burdened that the Ministry of Petroleum regards the sector as strategic, guaranteeing its pure fuel wants are absolutely met to safe sustainable financial returns whereas bearing in mind export commitments. The minister concluded by underscoring the significance of strengthening partnerships with international counterparts to attain shared aims.
He prolonged an invite to all companions to participate within the upcoming Egypt Petroleum Present (EGYPS 2026), which he described as a pivotal platform for exchanging insights, fostering dialogue, and strengthening cooperation.
Simply final week, Minister Badawi engaged in a collection of conferences with heads of a number of worldwide power firms to draw additional international funding in Egypt. Aiming to strengthen Egypt’s place as a regional power hub, the conferences had been held on the sidelines of the Gastech 2025 Exhibition and Convention in Milan, Italy, and included TotalEnergies and ADNOC Group.
