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11-13 February 2020 Egypt International Exhibition Center
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DAY TWO
EGYPS 2020 FEATURES EGYPT’S UNBRIDLED SUCCESS
President Abdel Fattah El Sisi opened the fourth edition of the Egypt Petroleum Show (EGYPS 2020) on February 11. The three-day event was inaugurated under the patronage of the Egyptian president at Egypt’s Al Manara International Exhibition Center, under the theme, ‘North Africa and the Mediterranean: Delivering the Energy Needs of Tomorrow’. The event was attended by His Excellency Egyptian Prime Minister, Mostafa Madbouly; His Excellency Eng. Tarek El Molla, the Egyptian Minister of Petroleum and Mineral Resources in addition to a galaxy of Egyptian ministers, top government officials, senior executives, oil and gas industry’s leaders, advocates and partners. Furthermore, EGYPS 2020 witnessed the participation of around 16 CEOs from international oil companies (IOCs) for the first time, which reflects the growing confidence in Egypt and the significant role it plays in the whole region. EGYPS is one of the most prominent events in the oil and gas sector scene, not only in Egypt but also in the North Africa and the Mediterranean region. This year’s edition is going to feature the oil and gas sector’s strides toward achieving modernisation and transforming Egypt into a regional energy hub. With being attended by a group of notable officials, the event offers a wide range of the experts’ insights, policies, and strategies toward developing the sector’s value chain, as well as showcasing the region’s growing potentials especially after recent discoveries. In addition to that, EGYPS has succeeded to become an established international platform that highlights the sector’s unbridled successes and milestones. In his speech, H.E Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources, referred to EGYPS as a major platform and one of the important factors in implementing the ministry’s strategies and sharing the sector’s success stories and reforms. El Molla praised the attention paid by the Egyptian President to the oil and gas sector, which directly has contributed to achieving tangible milestones internally, regionally, and internationally. He pointed out that Egypt has managed to overcome many obstacles and reinforced its stability by implementing an inclusive social and economic programme. This programme led to achieving positive results; including boosting Egypt’s growth rates and reducing the budget deficit, the unemployment rate, and the inflation rate. “In addition to that, many national projects were executed, contributing to establishing Egypt as a role model in achieving security, stability and development,” El Molla added. Continued in page 3 OFFICIAL PUBLICATIONS
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