Tarek El-Molla, Egypt's Minister of Petroleum and Mineral Resources, speaks during an interview with Reuters at his office in Cairo, Egypt, October 29, 2015 – Reuters Photo
CAIRO - 20 October 2019: Petroleum Minister Tarek el Molla underlined that Egypt was among the first states that backed Joint Organizations Data Initiative (JODI) which was launched in 2000 to ensure energy security.
He made the remarks during the 14th international conference of JODI which is held in Cairo on October 20-21.
Mulla highlighted the importance of the JODI which is an international collaboration to improve the availability and reliability of data on petroleum and natural gas.
Mulla stressed Egypt's interest in exchanging information and expertise in the energy domain.
Meanwhile, Secretary General of the International Energy Forum (IEF) Sun Xiansheng hailed Egypt's interest in supporting the initiative, citing the efforts being exerted to develop natural resources in the eastern Mediterranean region.
The two-day meeting is meant to come up with an action program which will be adopted until 2025.
He noted that the initiative is backed by more than 100 states.
This biennial JODI conference plays a key role in the JODI development cycle which aims to continually advance the global energy data transparency agenda in support of stable energy markets as advocated by IEF Ministers, G20 leaders, and other stakeholders.