President Abdel Fattah Al-Sisi inaugurated Egypt Energy Show (EGYPES 2026) on Monday, reaffirming Egypt’s commitment to advancing energy transformation through strategic partnerships and practical implementation. Badawi noted that this year’s edition of EGYPES comes at a critical juncture marked by mounting regional and global challenges. The minister also pointed to Egypt’s strategic geographic location as a core competitive advantage, enabling the country to maximise value-added industries, particularly in petrochemicals and fertilisers. Badawi further highlighted Egypt’s integrated petroleum infrastructure, including advanced refineries, strategic ports on both the Mediterranean and Red Seas, and efficient transport networks. The minister also announced that the sector recorded 83 new oil and gas discoveries and added 363 wells to production.

Source: Daily News Egypt March 30, 2026 20:36 UTC