Minister: France is one of the most important investors in Egypt in the oil and gas sectors

The Minister of Petroleum and Mineral Resources, Jacques de Ljoujie, discussed the Ambassador of the Middle East and France in Cairo and the delegation accompanying the existing investment opportunities in the projects energy, especially oil and gas. Growth of existing projects and investment opportunities available.

He pointed out that the trade and economic relations between the two countries have grown remarkably since the early eighties and that France is one of the most important investors in Egypt and that the rapprochement and understanding between political leaders in both The two countries give a strong impetus to the pursuit of constructive cooperation.

The meeting reviewed the activity of French companies operating in the oil and gas industry and the marketing of petroleum products in Egypt. The company also discussed the development and modernization of the oil sector in the Egyptian market, as well as Total's expansion in the marketing of petroleum products to the local market. And Egypt's reform efforts to increase investor confidence and attract more investment to the Egyptian market, which is reflected in turn in support of development plans, in addition to the national project for turn Egypt into a regional center for energy.