Jordan, Egypt explore new oil and gas investment opportunities

Egypt and Jordan are discussing opportunities to attract new investments in the field of oil and natural gas.

This comes after Jordanian Prime Minister Hani Al-Mulki had met Thursday with Egypt’s Petroleum Minister Tarek El-Molla to discuss bilateral cooperation in the field of oil, gas, and energy as well as to explore opportunities for attracting new investments.

The meeting was in the presence of Jordanian Minister of Energy and Mineral Resources Ibrahim Saif, Egypt’s ambassador in Jordan Tarek Adel, and Fouad Rashad, chairman of the Jordanian-Egyptian FAJR Company.

During the meeting, Al-Mulki and El-Molla tackled ways to maximise cooperation in the liquefied natural gas (LNG) field.

Al-Mulki has stressed the importance to benefit from the Egyptian expertise and promote cooperation between Cairo and Amman notably in the field of energy which is the backbone of economic development.