On 27th June 2018, Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources participated in the 27th World Gas Conference (WGC 2018) held in Washington D.C, during June 25-29 .The participation comes upon an invitation by Mr. David Carroll, President of the International Gas Union (IGU). The Minister will take part at the “VIP Program”, discussing the geopolitical factors of natural gas, in the presence of a number of senior US government officials, Deputy U.S Secretary of State, a number of petroleum and energy ministers, members of the US Congress, ambassadors, as well as members of diplomatic missions and decision makers.
El Molla explained that the World Gas Conference is one of the most important international conferences specialized in natural gas domain, held every three years, with the participation of more than 600 senior officials in the gas industry, as well as petroleum ministers from 90 countries around the world.
On the sidelines of the conference sessions, which dealt with the future of natural gas supplies, in light of the discoveries achieved, especially in the Eastern Mediterranean, a number of bilateral sessions were held with the chairmen of Chevron, BP, Snam, Bechtel, Baker Hughes and Sonatrach, to discuss the oil and gas industry status in Egypt, as well as the positive developments achieved during the recent period, in addition to the available investment opportunities.
Eng. Tarek El Molla held several meetings with US officials; including the US Ministers of Energy and Foreign Affairs, the Chairmen of the two Congress Energy Committees, the Senate and a number of their members, to review the recent achieved reforms and success stories in the Petroleum Sector, as well as Egypt’s program to become a regional energy hub.
The US officials praised the economic reforms that Egypt recently achieved, especially in the Energy domain and its positive results.