Egypt, US discuss prospects of cooperation in gas, oil fields

Egypt’s Oil Minister Tarek el-Molla held talks with US Charge d’Affaires Thomas H. Goldberger in Cairo prospects of bilateral cooperation in the next stage in line with Egyptian national project to be transformed to a regional hub for gas and petroleum trade.

The meeting touched on the activities of US firms working in Egypt in the fields of searching for petroleum and gas, engineering designs and constructions, among others, the Ministry of Petroleum said in a statement Friday.

The two sides also discussed new petroleum projects being carried out in Egypt in the fields of refining and petrochemicals in addition to investment opportunities available for US companies to take part in such projects.

Source: MENA