Gulf Oil and Gas accountACCOUNT

Moving Forward within an Integrated Sustainable National Energy Strategy to 2035

Source: www.gulfoilandgas.com 9/20/2016, Location: Africa

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, delivered a speech in the Integrated Sustainable National Energy Strategy to 2035 , at the presence of Eng. Mohamed Shaker, Minister of Electricity and Renewable Energy, and Mr. Reinhold Brender, Minister Counsellor and Chargé d’affaires of the European Union Delegation to Egypt.

The Petroleum Minister affirmed that preparing an integrated energy strategy to 2035, in participation with the European Union, is an essential step towards a better future. He mentioned that the strategy aims at reforming energy sector status in Egypt, overcoming the challenges, facing the Sector. He also stressed the importance of diversifying the energy mix, which depends, heavily, on oil and gas.

Moreover, he assured that the main elements of the strategy include energy security, by boosting, diversifying and improving energy efficiency; sustainability, by addressing debt build up and phasing out of subsidies in a socially responsible manner, and improving governance, by improving and modernizing the oil and gas sector’s governance and encouraging private sector investment.

Finally, the Minister praised the long-standing strategic relation with the European Union, that has always proved to withstand challenges.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Renewable Energy News in Egypt >>

United Kingdom >>  8/6/2020 - Ozop Energy Solutions. (OZSC), announced that its wholly owned subsidiary, Power Conversion Technologies, Inc. (PCTI) has begun a partnership with Tal...
United Kingdom >>  8/6/2020 - Partnering and co-ordinating infrastructure important for decarbonisation
The integration of offshore energy systems, including oil and gas, ren...


United Kingdom >>  8/6/2020 - Petrofac, the international service provider to the energy industry, has signed a Memorandum of Understanding (MOU) with independent clean energy cham...
United Kingdom >>  8/4/2020 - bp introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an ...

France >>  7/31/2020 - • Acceleration of investment in renewables and infrastructure assets
• Strategic review of part of the Client Solutions business
• Signific...

United States >>  7/30/2020 - Chevron U.S.A Inc., a wholly owned subsidiary of Chevron Corporation, and Algonquin Power & Utilities Corp. announced an agreement seeking to co-devel...

Related Categories: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 

Related Articles: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.