Egypt, Azerbaijan to boost bilateral energy cooperation

Minister of Petroleum and Mineral Resources Tarek El Molla met with Elkhan Polukhov, Ambassador of Azerbaijan in Cairo, to discuss ways of joint cooperation between the two countries and investment opportunities available in the field of oil, gas, and green energies in Egypt, in addition to the possibility of exchanging experiences between the two sides in these fields, the ministry said in a statement.

During the meeting, El Molla pointed out the petroleum sector’s historical relations and cooperation with the State Petroleum Company of the Republic of Azerbaijan (SOCAR) in the fields of crude oil and refining, stating that the sector has distinguished manufacturing facilities for supplies and equipment. This is in addition to the expertise gained by Egyptian oil companies in recent years in the field of designing and implementing important projects inside and outside Egypt and the possibility of their participation in oil and gas projects in Azerbaijan.