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The US and Egypt enhance cooperation on energy

The Egyptian minister of petroleum and mineral resources, Tarek El-Molla, along with the Egyptian minister of electricity and renewable energy, Mohamed Shaker, and the US deputy secretary of energy, Dan Brouillette, have launched the US-Egypt Strategic Energy dialogue.

The committee will facilitate closer government and private sector cooperation on energy between the US and Egypt.

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The dialogue between the two countries will focus on all energy aspects and the latest technologies including oil and gas development, as well as cooperation in the electricity field.

The launch of the dialogue was initiated through the recent meeting between President El Sisi and President Trump and furthered by the US secretary of energy Rick Perry’s bilateral engagements during his recent visit to Egypt.

Through this dialogue, the US and Egypt will cooperate on a number of shared areas of interest across the energy sector, including but not limited to enhancing energy trade, clean coal technology, carbon capture utilisation and storage, bio-economy, energy efficiency and renewable energy, green building technologies, smart grids and energy capacity building.

The launch of this dialogue also underscores the continued US support for the East Mediterranean Gas Forum and Egypt’s role as a regional energy hub.

In this historic time of Egypt’s energy development, the US government and the US private sector have assured their commitment to strengthening their cooperation with Egypt to enhance its energy security, ensuring benefits for the region.