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Egypt, China's UEG sign MoU to explore oil, gas, renewable projects
Aya El Sayed Published in Amwal Al Ghad on 12 - 06 - 2025

Egypt's Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with Chinese energy company United Energy Group (UEG) to explore investment opportunities in oil, gas, renewables and energy trading, the ministry said on Wednesday.
The deal, signed during Minister Karim Badawy's visit to the United Arab Emirates, outlines cooperation both in Egypt and abroad. It follows talks with UEG Chairman Song Yu and Regional President for Africa Kamel Al Sawi.
Discussions covered UEG's plans to expand investments in Egypt, building on its existing partnership with Egypt's petroleum sector in Iraq, and potential collaboration in energy trading to improve global market access.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser

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