SEATTLE (Oil Monster): A high level delegation of Shell Global held discussions with Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources to discuss the company’s latest natural gas investments in the country.
The top Shell officials who attended the meeting include Cederic Cremers, Executive Vice President of Shell’s Integrated Gas Business, Dalia Elgabry, Vice President and Country Chair of Shell Egypt and Azza Shelbaya, Head of Corporate Relations at Shell Egypt.
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The discussions were centred on the proposed projects in the West Delta Deep Marine (WDDM) concession area. The parties also discussed expansion plans, including the launch of new production phases in the region and the exploration of further promising natural gas potential. The meeting discussed opportunities for cooperation towards developing the Cypriot Aphrodite field, from where gas will be transported to Egypt.
During the meeting, Badawi reiterated the commitment of the country’s political leadership to fully cooperating with oil and gas production partners and fostering an attractive investment climate to boost local production. The country will give priority to all measures aimed at further enhancing its role as a regional energy hub, he promised.
Cremers pointed out that Egypt continues to hold promising opportunities in natural gas production.
