Egypt, Russia likely to agree on using natural gas in transport sector

Egypt, Russia likely to agree on using natural gas in transport sector

/ News & Interviews / Thursday, 24 February 2022 07:56

Egypt and Russia are preparing to sign an initial agreement to start using natural gas in the transportation sector as engine fuel, according to Egyptian ministry of petroleum and mineral resources. 

Egyptian minister of petroleum and mineral resources Tarek El-Molla and his Russian counterpart Nikolai Shulginov is understood to have discussed the possibility of increasing the role of Russian companies working in the Egyptian petroleum sector. Cooperation in the field of converting cars to work with natural gas was also part of the discussion.

Shulginov expressed Russia’s interest in the East Mediterranean Gas Forum and its desire to hold subsequent meetings to discuss the forum’s developments.

Egypt is planning to resume export of natural gas through the Arab Gas Pipeline to Lebanon in the coming weeks. The World Bank will finance the supply operations to ensure continuity.

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