Last Update 17:31
Thursday, 19 September 2019

Egypt, Oman sign MoU to bolster cooperation in petroleum, natural gas

MENA , Wednesday 4 Sep 2019
Egypt's petroleum minister Tarek El-Molla
Views: 2565
Views: 2565

Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla witnessed the signing of a memorandum of understanding (MoU) between Egypt and Oman to foster cooperation in the field of petroleum and natural gas.

The MoU included exchanging expertise and technologies in addition to cooperation and investment in manufacturing petroleum and natural gas.

The document was signed by the petroleum ministry's undersecretary Mohamed Saafan and Omani Ambassador in Cairo Ali Al-Issaie, the Ministry of Petroleum said in a statement on Wednesday. 

In press statements, El-Molla said the MoU was inked out of the distinguished relations binding the Egyptian and Omani leaderships and peoples, highlighting the support provided by President Abdel-Fattah El-Sisi and Sultan Qaboos bin Said for bilateral fields of cooperation. 

He hailed that cooperation between Cairo and Muscat in the fields of petroleum and natural gas is longstanding, citing Egyptian petroleum companies’ implementation of several projects in Oman. 

The Omani ambassador lauded the MoU as "a natural extension" of the historic ties between the two countries. 

It comes as an implementation of the deals reached during President El-Sisi’s visit to Oman last year, Issaie added, noting that it aims to support cooperation between the two countries in the fields of producing, storing and marketing petroleum and natural gas.

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.