An Egyptian-Gulf consortium acquires 89% of Domty's shares    Orascom details how deceased billionaire Onsi Sawiris' legacy was divided    First Arab social media platform Baaz Launches in Egypt    Egypt, Poland hold bilateral consultations in Warsaw    Egypt's Al-Sisi, Qatar's Emir Tamim sign 3 MoUs    Mark Zuckerberg introduces Community Chats for Messenger and Facebook    Queen Elizabeth's death and the anger on #IrishTwitter, #BlackTwitter and #BrownTwitter    Health Minister, EU representatives discuss cooperation in medical sector    GEM wins award for best project in field of green building    GEM wins award for best project in field of green building    Banque Misr, CIB sign EGP 6.35 bln syndicated loan with Benya Group    Egypt signs 7 new MoUs for green hydrogen projects    Egypt's gold reserves hike to $7,078bn in November –    16 Arab films participate in Venice Film Festival, including six in official competition    Miss Namibia: Country seeks women empowerment, tourism promotion through int'l beauty pageants    Irrigation Minister stresses importance of scientific research in water sector    Irrigation Minister stresses importance of scientific research in water sector    EAC, DRC sign agreement for deployment of joint regional force    MV Logos Hope floating library to arrive in Egypt in January 2023    Self-care matters – 36% of professional gamers in MENA, Turkiye, Africa worry about mental health condition    Amazon unveils blueprint to boost workplace inclusivity for people with disabilities in Egypt    Dior showcases 2023 fall men's collection at Egypt's pyramids    Egypt holds its first championship in American dominoes    Egypt holds its first championship in American dominoes    Byline: Pressing save on the metaverse – the future of tangible experiences    Brazil-Argentina replay called off    US aquarium saves 150 sea turtles from cold    Tech giant Apple 'expresses interest' in acquiring Manchester United – report    Egypt operates solar-powered cars at 2 archaeological sites in Luxor    Egypt launches 200 Years of Continuing Science tourism campaign    QNB Group names TikToker Khaby Lame official FIFA World Cup Qatar 2022 brand ambassador    Three possible scenarios as Egypt's central bank governor resigns – MP    Adele is living a love story, wants to be a homemaker    In Photos: Egypt swears in 13 new ministers after major Cabinet reshuffle    Egypt's parliament approves Cabinet reshuffle in extraordinary session    Spain: prosecutor seeks 8 years sentence for Shakira over tax evasion    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Egypt's Petroleum Minister, World Bank discuss measures to export gas to Lebanon
Published in Daily News Egypt on 09 - 11 - 2021

Tarek El-Molla, Egypt's Minister of Petroleum and Mineral Resources, has received two delegations from the World Bank to discuss the executive procedures for exporting natural gas to Lebanon.
The meetings also tackled the work programmes of the East Mediterranean Gas Forum, the global efforts to transform to clean energy and reduce emissions, and the national projects to deliver gas to homes, and local digital transformation projects.
The first delegation comprised Mirza Hassan, Dean of the Board of Executive Directors and Executive Director of the Bank, and Ambassador Raji El-Etreby, Alternate Executive Director of Egypt at the World Bank Group.
The second delegation comprised Paul Nomba, Regional Director of the World Bank for Infrastructure Affairs in the Middle East and North Africa, and Marina Weiss, Director of the Bank in Egypt, Yemen and Djibouti.
After his meeting with the delegations, El-Molla stressed that the World Bank is a strategic partner for the Egyptian petroleum sector and has participated in achieving many success stories over the past years, and that there is great agreement and support from the Bank to transform Egypt into a regional energy center in light of its participation in the membership of the East Mediterranean Gas Forum as an observer since the beginning configure it.
He referred to Egypt's full commitment to all international agreements aimed at preserving the environment, and stressed during the talks that the bilateral meetings he held on the sidelines of his participation in the Global Climate Summit (COP26) in Glasgow, Scotland focused on Egypt's participation in the American initiative to reach zero emissions and discussing Egypt's leading role in the region Eastern Mediterranean.
World Bank officials confirmed their keenness to follow up on what is being achieved in the Egyptian state in the areas of digital transformation, clean energy, and reducing emissions to preserve the environment, noting that the increase in the contribution of natural gas to the Egyptian energy mix confirms this trend.
They pointed out that choosing Egypt to host the COP27 is a strong evidence of the global appreciation of Egyptian efforts to preserve the environment.
With regard to the procedures for exporting Egyptian gas to Lebanon, the World Bank officials confirmed that work is currently underway with the Lebanese side to facilitate gas access and support these procedures, as they represent a distinct model of regional partnership in the region.

Clic here to read the story from its source.