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Egypt’s Sisi outlines national energy policy at World Future Energy Summit

Egypt developing a national energy policy aimed at eliminating the gap between supply and demand
22.01.15 | Source: The Barrel

Egypt has set development and reform of its energy sector as a key priority as it seeks to rebuild its economy following the country’s second revolution in the past few years, the country’s president, Abdel-Fattah el-Sisi, said January 19 during his first official visit to the UAE in that role.

During his keynote address to the World Future Energy Summit in Abu Dhabi, Sisi also said he considered the security of the Persian Gulf region to be “part and parcel of Egyptian security.” The annual Abu Dhabi WFES gathering, while primarily a UAE forum for promoting and discussing regional and international renewable energy development, has also developed a significant political agenda.

Egypt, which has grappled with fuel and electricity shortages since the January 2011 revolution that ousted the country’s autocratic former president Hosni Mubarak, was developing a national energy policy aimed at eliminating the gap between supply and demand in the Arab world’s most populous country while providing a foundation for sustainable economic development, he said.

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