Cairo’s efforts to develop its gas industry will benefit European states. With such a statement on the air of the TV channel Nil TV Egyptian President Abdel Fattah el-Sisi, VI. He spoke at the opening of the International Exhibition EGYPS (Egypt Petroleum Show).
“Egypt’s efforts in the gas industry will have a positive impact on European countries,” said the head of the Arab Republic.
At the same time, OPEC Secretary-General Haytham al-Ghais confirmed the alliance’s commitment to stabilize world oil prices. He also pointed out the benefits of cooperation with Egypt as an oil producer for the stability of the market.
Al-Ghais predicted that by 2023, demand for raw materials will exceed pre-pandemic levels and reach 102 million barrels per day.
On the eve of the Russian Ambassador to Egypt Georgy Borisenko declarationDespite the pressures of Western countries to cease cooperation with Russia, Cairo continues its active cooperation with Moscow, which was established during the presidency of Gamal Abdul Nasser.