​​​​​​​​​​​​​​​​​​​​​​Program 6 : Hub strategy​


Main Objectives

Establish a clear Oil & Gas Hub strategy

Achievements to date:

  • Formulation of Governmental Committee, New Gas Law, Establishment of   an independent gas regulator.

  • Signing of MoU with EU and US for cooperation in Energy field.

  • Cooperation with Cyprus to promote the export of Natural Gas from Cyprus to Egypt.

  • Hub Development projects for trading and storage of crude oil and petroleum products (SUMED & Sonkar)

  • East Mediterranean Gas Forum statute signature by founding members, which marks the establishment of EMGF based in Cairo.