Minister of Petroleum Tarek El-Molla: Egypt Will Save Around $1.5 bn a Year By Cutting LNG Imports

By Ahmed Mansour On Sep 30, 2018

Egypt has been setting new records when it comes to the oil and gas sector and we can’t be more proud. Around a couple of weeks ago, the ministry announced that Egypt has achieved self-sufficiency of natural gas and that we won’t be importing any anymore.

But since that the ministry has done its math; apparently, we will be saving around 1.5 bn a year by cutting the Liquified natural gas (LNG) imports.

Watch the interview with Oil Minister Tarek El Molla on Amr Adib’s show El Hekaya

WE SAID THIS: We’re really proud of our Ministry of Petroleum and Mineral resources!

Cairo Egypt el Eni Gas interview molla Money

Ahmed Mansour

Ahmed, AKA Mansour, is a diligent Writer/Journalist with a business background. He’s very passionate about writing, movies, and politics. He “slaps the bass” and his life’s motto is “if it’s too loud, then you’re too old”.

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