Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Egypt, Jordan sign gas sector MoU: Petroleum ministry

Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply.
19.03.15 | Source: Daily News Egypt

A Memorandum of Understanding (MoU) on gas sector cooperation was signed between the Egyptian Natural Gas Holding Company (EGAS) and the Jordanian-Egyptian FAJR Company, according to a Ministry of Petroleum statement Wednesday.

The MoU was signed to tap into the infrastructure and facilities available in the two countries.

Egypt is keen to promote bilateral oil and gas sector cooperation, said Egyptian Minister of Petroleum Sherif Ismail, during a meeting with Jordanian Minister of Energy and Mineral Resources Ibrahim Saif in Cairo.

During the meeting, the ministers discussed the significance of developing the cooperation between Egypt, Jordan and Iraq in terms of expanding Iraq’s gas pipelines. This would entail Iraqi gas reaching Egypt through Jordan, for the country to benefit from Iraq’s oil and gas surplus.

FREE NEWSLETTER