Egypt, Cyprus probe capitalizing on Mediterranean Hydrocarbon wealth

CAIRO - 10 November 2017: Petroleum Minister Tarek el Mulla received on Friday a Cypriot delegation comprising Cyprus Hydrocarbons Company Executive Manager Demetris Fessas along with the company’s Commercial Director Andreas Koutsoulides.

The meeting falls within the framework of the ongoing consultations and negotiations regarding capitalizing on the Hydrocarbon wealth of the Mediterranean.

Minister Mulla underscored the depth of historic relations between the two countries that witnessed a notable development recently, especially in the domains of natural gas excavation in eastern the Mediterranean.

The Cypriot delegation, for its part, expressed readiness for further cooperation with Egypt in this promising sphere.