Egypt's petroleum minister advocates business over politics in gas-rich East Mediterranean

📆 9/10/2019 5:18 AM
📰 CNBC

⏱ Reading Time:
9 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Egypt's petroleum minister praised the 'practical and pragmatic' approach to energy security among countries signed up to the Eastern Mediterranean Gas Forum.

petroleum minister praised the "practical and pragmatic" approach to energy security among countries signed up to the Eastern Mediterranean Gas Forum.Hadley GambleThe forum, which aims to establish a regional gas market and offer more competitive prices, was launched earlier this year. It consists of Egypt, Jordan, Israel, Italy, Greece, Cyprus, and the Palestinian Authority, with its headquarters in Cairo.

When asked whether the Eastern Mediterranean Gas Forum was an example of business interests coming before political differences, El Molla replied: "Exactly."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Egypt overhauling tax procedures to lure investors: finance ministerEgypt hopes to boost feeble foreign direct investment (FDI) by automating and si... Sounds like a pyramid scheme. Is luring a positive term? Sounds like an entrapment
Source: Reuters - 🏆 2. / 97 Read more »