He continued by saying that the inauguration of this forum in Egypt represents great achievements for the Egyptian state. Egypt and other gas-producing countries will benefit from directing gas to bridge the gap in Europe. Egypt will benefit from using its infrastructure and its more than 130 years of experience to export its own gas, or the gas of neighboring countries such as Cyprus and Israel, he added. He said that Egypt’s production of gas is currently close to 7 billion cubic feet, pointing out that only Egypt and Algeria have gas liquefaction stations as Mediterranean countries have no infrastructure to build gas liquefaction plants. Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla said in May that Egyptian gas exports to Europe range from 10 to 15 percent.
