CAIRO - 12 February 2023: ِِAbout $644 billion investments are needed in the energy sector, with an annual average of 4.6 billion until 2023, Secretary-General of the International Energy Forum (IEF), Joseph McMonigle said. McMonigle expected that the world will face fluctuations and a significant rise in energy prices. Egypt Petroleum Show (EGYPS 2023) kicked off Sunday in the presence of President Abdel Fattah El-Sisi. The EGYPS 2023 takes place from February 13 to 15 at Egypt International Exhibition Center. All CEOs of the energy, oil and gas sector in the world will participate in the EGYPS 2023, in addition to a group of energy ministers, government representatives, high-ranking officials of the European Union, secretaries of major international energy organizations, business leaders and investors in the energy sector to discuss the most important issues to support the progress of the oil and gas sector.