This comes as part of a series of interactive meetings organized by the Ministry of International Cooperation within the framework of the MSP. As reiterated previously by Al-Mashat, 2021 is the year for private sector engagement in development efforts. The Petroleum Sector Continues to Implement the Development VisionMinister of Petroleum and Mineral Resources Eng. The new strategy has lured in new international entities to work in the Egyptian petroleum sector, and this reflects confidence in the sector. Results of International Partnerships in the Petroleum SectorThe ongoing development cooperation portfolio for the petroleum sector and gas sector includes 6 projects worth $1.12 billion, making up for 5% of the current ODA portfolio.

Source: Egypt Today May 09, 2021 16:07 UTC