Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, at Alamein Africa Forum

Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, at Alamein Africa Forum​

10/2/2026

Eng. Karim Badawi , Minister of Petroleum and Mineral Resources, affirmed that Egypt possesses integrated capabilities allowing it to play a pivotal role in supporting African integration in the domains of oil, gas, and mining, by leveraging its distinguished geographical location, advanced infrastructure, and the expertise of its national companies, which contributes to linking the continent's resources with regional and international markets and maximizing the added value of African resources within the continent.

This came during the Minister's speech at the first edition of Alamein Africa Forum in the New Alamein City, during a session titled "From Vulenerability to Resilience: Rethinking Africa's Energy Systems," in the presence of Mr. Mohamed Al-Menfi, President of the Libyan Presidential Council.

The Minister pointed out that Egypt possesses integrated infrastructure in the petroleum sector.

He added that Egypt's geographical location on the Mediterranean and Red Seas, and its petroleum ports, storage facilities, pipelines, and direct connection to international trade and navigation corridors, enhance its ability to link African producers with European markets, Middle East markets, and other global markets.

In the domain of drilling, he highlighted that the Egyptian Drilling Company, which operates a fleet of onshore and offshore drilling rigs in Egypt and international markets, aims to expand its external presence and benefit from opportunities in African markets.

He affirmed that the trade of petroleum and petrochemical products represents a broad area for enhancing cooperation among African countries.

He added that the development of mineral wealth also represents an important area for African integration.

Regarding the financing of energy projects, the Minister affirmed Egypt's support for the African Energy Bank initiative within the framework of the African Petroleum Producers’ Organization (APPO), as an important mechanism for providing the necessary financing for the development of the continent's energy resources and supporting the implementation of projects at various stages.

On the sidelines of his participation in the Forum, Eng. Karim Badawi visited the pavilion of the Ministry of Petroleum and Mineral Resources, and met with a number of participating African officials, as well as the Chairmen of 10 Egyptian petroleum and mining companies participating in the Forum.

The compamies participating in the Ministry of Petroleum and Mineral Resources' pavilion are ENPPI , PETROJET, Middle East Oil Refinery (MIDOR) , Sidi Kerir Petrochemicals Co. (Sidpec) , CARGAS, GASCO, National Gas & Industrialization Company , The Egyptian Ethylene & Derivatives Company - ETHYDCO , @EPROM, Shalateen Mineral Resources Company, and Al Wadi Al Gedid for Mineral Resources and Oil Shale - Wadico.
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