Oil Minister Tarek El Molla sat down with Philip Olivier, CEO of Engie Global LNG to discuss both the company’s current operations in importing LNG, and to urge it to expand its investments in Egypt, according to a ministry statement picked up by Al Masry Al Youm.
Petroleum Minister Tarek El Molla discussed on Friday 25/08/2017 with the CEO of Engie Global LNG Philip Olivier the activities of the French multinational company in Egypt, especially in the field of liquefied natural gas.
El Molla pointed out to the deep and distinguished relations between Egypt and France.
Friday’s meeting tackled an agreement, which was signed during French president’s last year visit to Egypt, to supply shipments of liquefied natural gas, a statement by the Petroleum Ministry indicated.
Philip Olivier, meanwhile, highlighted the competitive advantages of Egypt’s oil industry in light of the promising opportunities and the government’s continued efforts to provide a business-friendly climate.