Egypt sings three agreements with Arab, European states on gas exports

Petroleum Minister, Sameh Fahmy said that Egypt has signed three agreements with ten Arab and European countries to extend the Arab natural gas pipeline to Turkey and Europe through Jordan, Syria and Lebanon.

Upon return from Italy, after attending Euro-Med oil ministers meetings, Fahmy said that the Arab natural gas pipeline gained strategic significance as it would carry clean energy to Europe

A letter of intent was signed by Egypt, Syria, Lebanon and Turkey to work on studies and plans to execute the projects of mutual interest.

A working group was formed from the signatories to prepare the execution plan for the joint ventures to extend the Arab natural gas pipeline.

Egypt has become one of the major natural gas exporters, he highlighted.