Arab Finance: The Egyptian Ministry of Petroleum and Mineral Resources has signed a memorandum of understanding (MoU) with the Bulgarian Ministry of Energy in the natural gas field, according to a statement.

The MoU aims to set a general framework to boost cooperation between both sides in natural gas activities.

This is along with fostering bilateral scientific, technical, and technological collaboration as well as exchanging expertise and best practices in extracting, storing, transferring, and liquefying natural gas.

As per the agreement, the two sides will form a joint work group of experts and technicians to accelerate the executive procedures of the fields of cooperation under this MoU.

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