Sisi: Egypt Aims to Become Europe’s Regional Energy Hub
Egypt’s President Abdel Fattah El Sisi said on the 12th of June that Egypt seeks to become a regional and global hub for energy generation, transmission, and distribution to Europe, especially to Germany, reported Amwal Al Ghad.
As the president added during the German-Egyptian Economic Forum in Berlin, Egypt will start exporting natural gas in 2020 given the recent major gas finds in the Mediterranean Sea and North Delta.
El Sisi, the German Minister for Economic Affairs, Brigitte Zypries, and the Egyptian Minister of Industry and Trade, Tarek Qabil, inaugurated the German-Egyptian Business Forum, on the sidelines of the conference organized between the G20 and African leaders in Berlin.
The G20 includes the EU, the US, the UK, Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Republic of Korea, and Turkey.
Egypt’s participation in the conference comes due to the importance it attaches to activating cooperation between African nations and the G20 in various development fields.