Egypt lining up to build LNG pipeline with Cyprus

Egypt is planning to establish a new pipeline to export liquefied natural gas (LNG) to Cyprus, according to the minister of petroleum Tarek el-Molla.

Egypt has the needed capacities to make the best use of the huge natural gas discoveries in the Mediterranean, said the minister as reported by the Middle East News Agency (MENA).

El-Molla’s remarks were on the sidelines of the Egyptian President Abdel Fattah al-Sisi’s visit to the Greek island of Crete to take part in the tripartite summit with Greece and Cyprus.

The minister stressed that the three countries will continue to cooperate in the energy sector.