New alamein city: Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, engaged in an extensive discussion with Mr. Mathios Regas, President of the Greek company "Energean," at the ministry's headquarters. The meeting aimed to explore avenues for enhanced cooperation in the oil and gas sectors, focusing on carbon capture and storage technologies.

According to State Information Service Egypt, the meeting included key figures such as Mr. Nicholas Kacharov, Energean's director in Egypt, and Mr. Walid Abdullah, the director of government and security relations. Discussions centered on the alignment between Egypt and Greece in adopting environmental sustainability solutions and reducing carbon emissions.

Minister Karim Badawy highlighted the growing strategic cooperation between Egypt and Greece, particularly in the energy sector. He noted Egypt's success in overcoming challenges in the energy domain by boosting research and exploration activities and providing incentives for global companies to invest more. Badawy emphasized the importance placed by the state on diversifying energy sources, enhancing gas infrastructure, and securing local market needs.

Mr. Mathios Regas conveyed his appreciation for Egypt's political and economic stability, which positions the country as a strategic and attractive destination for energy sector investments. He expressed satisfaction with the cooperation in Energean's natural gas production concessions in the Mediterranean and highlighted the company's interest in expanding partnerships with Egypt, especially in carbon capture and storage projects and fertilizer production.