Multi-stakeholder platforms help in exploring opportunitiesin petroleum sector: Al-Mashat

A multi-stakeholder platform (MSP) titled “Egypt as an Energy Hub: Reforms and Prospects in the Petroleum and Gas Sector” was held to shed light on the economic sectors that have undergone radical reforms over the past years, Minister of International Cooperation Rania A. Al-Mashat said.

The platform was held in the presence of Minister of Petroleum and Mineral Resources Tarek El Molla, and officials from major foriegn and private companies operating in Egypt, including Apache Egypt, TAQA Arabia, Schlumberger, and SAP.

This is in addition to multilateral and bilateral development partners such as the World Bank Group (WBG), International Finance Corporation (IFC), the African Development Bank (AfDB), and the Germany Embassy among others.

he platform aims to create interaction and integration between government entities, multilateral and bilateral development partners, private sector, and civil society to implement Egypt’s 2030 Vision.