The International Energy Forum (IEF) and the International Gas Union (IGU) Ministerial Gas Forum chose Egypt to host the eighth IEF-IGU Gas Ministerial Forum in 2022, Egypt’s Ministry of Petroleum Announced.
The natural gas forum will focus on the global economic recovery following the impact caused by the COVID-19 pandemic and the sharp rise in natural gas prices in 2021. Ministers will also take stock of global energy and climate issues after the crisis. COP26 UN Climate Conference, to be held in November 2021.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, said: “Natural gas is the cleanest burning hydrocarbon and is a reliable source of energy. This important Gas Ministerial Forum will continue global discussions among the largest natural gas producers and consumers to explore their shared interests in market stability, security and transparency around one of the fastest growing primary energy sources in the world. the world “.
According to a statement issued by the forum, Egypt over the past seven years underwent a great transformation and achieved successes in all sectors, making it “the destination of reference” for major investors around the world. It is home to the most recently established Eastern Mediterranean Region Gas Forum (EMGF), which is creating opportunities for further cooperation and collaboration in the gas scene for the benefit of the entire region.