The President of the Arab Republic of Egypt, Abdel Fattah El-Sisi, and the CEO of Eni, Claudio Descalzi, met in Cairo yesterday to follow up on areas of common interest and collaboration.
The parties discussed Eni’s ongoing and future plans for the energy transition and decarbonization of the Egyptian energy sector, including initiatives to substitute gas with renewable energy in assets, circular economy projects, CCS plants, production of agro-feedstock for biorefining, and others.
Also discussed were Eni’s current and future activities in Egypt, with a focus on Eni’s ongoing exploration campaign, whose preliminary results are positive, showing the potential to increase natural gas exports quickly, leveraging the spare capacity available at Eni’s assets on the Mediterranean coast.