EGYPTIAN PETROLEUM OFFER IN JAPAN



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The Minister of Petroleum and Mineral Resources of Egypt discussed with the Japanese Ambassador to Cairo, Takihiro Kagawa, areas of cooperation with Japan in development and augmentation projects refinery capacity. Petroleum and Natural Gas Holding Company's proposed auctions in the Gulf of Suez, Western and Eastern Desert, Mediterranean delta and Nile Delta areas, as well as Japanese expertise in rationalization and improving energy efficiency. The projects were discussed with Japan at the meeting, which included the Suez Refining and Petrochemicals project in cooperation with Toyota Japan and the discussions that took place in this regard, as well as contributing to the financing and implementation of the project. Hydrogen cracking complex in Assiut. The company highlighted the oil sector's concern to strengthen cooperation with Japanese companies in various oil and gas activities. And to benefit from the experience and advanced technologies held by Japanese companies, highlighting many good investment opportunities that can promote this cooperation between the two sides.

For his part, the Japanese ambassador emphasized the interest of his country for oil projects. , And commended the development and modernization project implemented by the Ministry of Oil to raise the human cadres, in addition to the seven work programs covered by the project.

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