Egypt, Italy scale up cooperation to boost LNG exports to Europe

Updated 1/23/2023 11:13:00 AM
Egypt, Italy scale up cooperation to boost LNG exports to Europe

Arab Finance: Egypt is reinforcing cooperation with Italy to facilitate the exporting process of liquefied natural gas (LNG) to the European markets, Minister of Petroleum and Mineral Resources Tarek El-Molla told Asharq Business in an interview on January 23rd.

Italy’s Eni produces more than 50% of the Egyptian natural gas, El-Molla said.

On January 22nd, President Abdel Fattah El-Sisi welcomed the Italian Foreign Minister and Deputy Prime Minister Antonio Tajani in Cairo, where they probed possible means of bolstering joint trade and investment relations.

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