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The Minister of Petroleum discusses with Chevron cooperation in exporting the company's gas production

Eman Al-Wasili

Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, held a contract, A session of talks with Clay Neve, President of Chevron International Company for Exploration and Production, on the sidelines of participation in the CERAWIC International Energy Conference, which will be held this week from 7- March 2018 in Houston, Texas, USA. During the meeting, the company’s activity in Egypt and its research plans in its concession areas in the western Mediterranean and in the Red Sea were reviewed. And the joint cooperation between the two sides in transporting gas from the eastern Mediterranean fields to re-export it by taking advantage of the infrastructure owned by Egypt to liquefy natural gas. Al-Mulla explained that the continuous meetings with partners in the context of increasing petroleum investments confirm the extent of trust and cooperation between the two sides and common visions regarding support for research, exploration and production operations, noting that Chevron’s entry into research and development The Egyptian market scouts recently confirms the attractiveness of the petroleum opportunities offered by Egypt and the clear vision it establishes for this vital industry, which is still the main source of energy supplies in the world.

Nef expressed his optimism about achieving distinguished business results in Chevron’s work areas in Egypt in light of the support provided by the Ministry of Petroleum and Mineral Resources and the petroleum possibilities and evidence in these areas, stressing Chevron’s interest in expediting the implementation of its plans. Chevron’s participation in the Egypt International Petroleum Conference and Exhibition 2022, which witnessed great momentum, strong attendance and rich discussions that resulted in more convergence of views between Egypt and its partners in the petroleum industry and its balanced vision towards the energy transition.

Each year, the CERAWeek conference or week brings together global leaders in energy and industry over the course of 40 A year is the life of the conference to present new ideas, visions and solutions to the biggest challenges facing the future of energy, environment and climate, and to review the prospects and policies of global energy markets and the latest developments in modern technologies and technologies. The conference, finance and services, and its activities this year will witness the participation of more than 279 speakers and delegations from more than one hundred countries around the world, and its session will be held this year under the slogan “The pace of change : Energy, Climate and Innovation.”