Cairo
The fourth edition of the Egypt Petroleum Show “EGYPS 2020” kicked off on Tuesday in Cairo, with the participation of some 465 petroleum companies.
Egyptian President Abdel-Fattah al-Sisi inaugurated the three-day event, which includes a conference and an exhibition, and is held under the theme “North Africa and The Mediterranean, Delivering the Energy Needs of Tomorrow.”
More than 465 companies and 1,600 participants from 14 countries, including China, are participating in the conference which will run through Feb. 13.
Egyptian Presidential Spokesman, Bassam Rady, said in a statement that the conference and the exhibition highlight the achievements of the Egyptian oil and gas industry.
Meanwhile, Egyptian Minister of Petroleum and Mineral Resources Tareq Al-Mulla said in a speech during the opening session that the oil and gas sector contributed in 2018-2019 with 27 percent of the gross domestic product in Egypt at a value of 1.4 trillion pounds (89 billion U.S. dollars).
The Egypt Petroleum Show is North Africa and the Mediterranean’s largest oil and gas exhibition and conference.
EGYPS’s international country pavilions play a key role in enhancing bi-lateral trade, creating the opportunity for dialogue and long lasting agreements.—Xinhua
