Minister of Petroleum: We succeeded in providing the needs of all sectors of energy
The Minister of Petroleum and Mineral Resources, Eng. Karim Badawi, stressed that the oil sector succeeded in achieving a balance between the continued electricity supplies without interruptions at the level of the Republic and providing the needs of various state sectors of energy. Minister of Local Development and Engineer Hassan Al -Khatib, Minister of Investment and Foreign Trade, Yasser Sobhi, Deputy Minister of Finance for Financial Policies, via video technology, and representatives of the Central Auditing Agency. The Minister of Petroleum said that the last fiscal year was full of challenges, and despite this the oil sector succeeded in achieving a balance between the continued electricity supplies without interruptions at the level of the Republic and the provision of the needs of the various state sectors of energy. Stressing the success of efforts in stabilizing local production and starting the boarding journey, thanking all workers for their great role. Projects of providing petroleum products locally to reduce pressure on the import bill.
The Minister thanked and appreciated & nbsp; President Abdel -Fattah El -Sisi has full support and continuous follow -up of the sector’s activities and full attention to paying the dues of foreign partners, which had a positive return on creating an attractive environment for investment in the oil sector. In cooperation with representatives of the Ministry of Finance and the Central Auditing Agency, which contributed to achieving the targets of governance and balance. . Implementing 18 projects in the fields of solar energy, reducing diesel consumption, and taking advantage of the flame gases with an annual return of about $ 58 million, to reduce approximately 270 thousand tons of carbon dioxide emissions annually. Industrial wastewater in corporate sites and coordination with the Environmental Affairs Agency. Petrosan, Al -Alam, Burj Al -Arab and Khalida, as well as the best five companies that have achieved distinct rates in the field of occupational safety, health and environmental protection, which are Petrobaker, Pharaonic, Rashid Petroleum, Petrobl and Petrosiv. & nbsp;
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