Home Egypt news Tarek El Molla meet with Norwegian Ambassador
Tarek El Molla meet with Norwegian Ambassador
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Tarek El Molla meet with Norwegian Ambassador

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Minister of Petroleum talks with Norwegian ambassador in Cairo, and a delegation from the Norwegian Foundation In Stock Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, a session of talks with  Roessns Norwegian ambassador in Cairo, which was accompanied by a delegation of In Stock Foundation, which includes major oil and gas Norwegian companies and who is currently visiting Cairo to learn about the available investment opportunities in the Egyptian petroleum industry.

The minister stressed the convergence between the two countries and the depth of relations between Egypt and Norway, which are stable and excellent, explaining that there is cooperation exists between the oil sector and a number of Norwegian companies in the fields of oil and natural gas activities.

The minister added that Mahakgueth Egypt discoveries of gas and carried out major projects in the field of oil, gas and petrochemical industry as well as for projects currently being implemented comes as a good promotion of investment opportunities posed by Egypt in the fields of oil industry multi-stressing the commitment of the petroleum sector to foreign partners in the framework of credibility and transparency and that the successes achieved through their work in Egypt, a period longer act as an incentive forces to attract more investment, and that the announcement of the goal of Egypt in the transition to the regional center of energy based on what their constituents site and the possibilities and study for the establishment of a number of projects that support this trend represents investment opportunities future promising, noting that a delegation Oincok Foundation field visits to a number of oil companies during the period of their presence in Egypt, where he will visit ENPPI companies, Petrobel, Rashid, Petroleum Authority, GUPCO, Pharaonic, South Valley and Badroddin Petroleum to identify the potential of these companies and the investment opportunities available .

For his part, Norwegian ambassador explained that the foundation, which was created in 1997 jointly by the Norwegian government the private sector plays an important role in the oil and gas industry and aims to expand its investments based because of their capabilities and expertise and the latest technologies and studied for expansion in the Egyptian market that runs from being a promising market, indicating Ontsuk to focus on the expansion of its activities earned more partners, a private institution, and it is based on the promotion of effective dialogue between the oil companies and technology suppliers, and service companies and governments.

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