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PRESIDENT SISI PLAN EXPANSION OF ENERGY SECTOR
President Sisi Plans for Energy sector expansion after meeting with Noble Energy CEO
Egypt President Abdel Fattah el-Sisi has meet with delegates from Noble Energy for the expansion of the Energy sector. The meeting had in attendance Noble Energy CEO and Minister of petroleum.
During the meet, President Fattah el-Sisi said ”He will ensure the full cooperation with Noble Energy. This will help strengthen research, discovery and production of natural gas effort in Egypt.”
Al #Sisi receives Noble #Energy executives to discuss expansion plans https://t.co/TaPprykIbt
— Daily News Egypt (@DailyNewsEgypt) May 20, 2019
The partnership will benefit both the firm and Egypt.
CEO of Noble Energy David Stover said ”Egypt has all the prospect for having a booming energy industry. He also said the country offer promising opportunities which is very important.”
According to Stover, such prospect includes geographical location, oil and gas discoveries, liquefaction plant, advance infrastructure of the gas pipeline network etc.