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El Sisi Calls on Government to Overcome Any Obstacles Facing Noble Energy

Source: Ahram Online 5/20/2019, Location: Africa

Egyptís President Abdel-Fattah El-Sisi has called on his government to overcome any obstacles which could face US firm Noble Energy as it carries out oil and gas exploration in the country.

In a statement, El-Sisiís spokesman Bassam Rady said the president had met with David Stover, the CEO of the company, and that they had discussed ways to develop the firmís activities in Egypt.

Stover praised Egyptís aspirational vision to accomplish comprehensive economic development, stressing that Egypt tops his companyís list of countries in which it may invest more.

He added that the energy sector enjoys promising opportunities, in light of Egyptís possession of the necessary infrastructure to boost the sector.

He also hailed regional cooperation projects to link and transfer gas, according to Radyís statement. For his part, the president pointed to the cooperative relationship and special strategic partnership between the US and Egypt, expressing his wish to strengthen the relationship to contribute in achieving joint developmental goals.

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