Monthly Archives February 2021

Palestine, Egypt discuss advancing cooperation in energy sector

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, and Mohammad Mustafa, Advisor to the Palestinian President for Economic Affairs and Chairman of PIF, reaffirmed the importance of strengthening Egyptian-Palestinian cooperation in the sector of energy and natural resources, particularly natural gas, according to a joint press release. The statements came during a meeting between Engineer El Molla and Mustafa with the participation of Zafer Milhem, Chairman of the Palestinian Energy and Natural Resources Authority (PENRA). The meeting was held at the Office of the Palestinian President in Ramallah and marked the first visit of El Molla to Palestine.
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Israel and Egypt discuss natural gas pipeline link

(Bloomberg) –Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, as they seek to collaborate on exporting the fuel to Europe. The pipeline would link Israel’s huge Leviathan field to Egypt’s liquefied natural gas plants, the countries’ energy ministries said Sunday. Egypt added that the two sides would work on a governmental framework for the pipeline. To continue reading please click here.
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Egypt: Towards an energy hub

Natural gas production in Egypt developed to reach an estimated seven billion cubic feet per day in September 2019, compared to 6.8 billion during fiscal year 2018-19 that ended in June, 5.6 billion in 2017-18, and 4.5 billion in 2016-17. The Italian energy company Eni said that this accelerated growth in natural gas production was mainly due to the rapid increase in production at the Mediterranean Zohr field, which it discovered in 2015. Zohr, 60 per cent owned by Eni, is one of the largest fields in the Middle East and North Africa region. The Zohr field started production in
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Exploratory talks between Greece, Turkey begin with guarded optimism

Diplomatic delegations in Greece and Ankara met for three hours today in Ankara to launch exploratory talks on bilateral issues. It was the 61st round of such talks, which commenced in 2002, when George Papandreou was foreign minister, and were abruptly terminated in 2016 after an abortive coup against Turkish President Recep Tayyip Erdogan in 2016. To continue reading the original article click here
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