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(MENAFN – Daily News Egypt) President Abdel Fattah Al-Sisi met with Claudio Descalzi, CEO of the Italian oil and gas company Eni, on Sunday to discuss means of increasing cooperation between Egypt and the company.
Also present at the meeting were Prime Minister Mostafa Madbouly and Minister of Petroleum and Renewable Energy Tarek El Molla.
During discussions in Cairo, the president praised the fruitful cooperation between the two sides and expressed support for the continued expansion of the company’s investments in its Egypt-based exploration and production.
Al-Sisi urged the company to take into account the state’s meticulous commitment to implement projects across the country, as well as its interest in developing its vital oil sector.
He ordered the government to continue intensive cooperation with Eni and remove any obstacles the company may face in its work in Egypt.
For his part, Descalzi expressed his appreciation and gratitude for Egypt’s support for Italy during the new coronavirus (COVID-19) pandemic.
Furthermore, he praised the successful precautionary measures taken by the government in Egypt’s various oil and gas production projects. He noted that the measures allowed Egypt to continue working in these fields and maintain production at full capacity.
Descalzi said that Egypt is an important partner for the international activity of the Italian company. He also said that he expects the continued development of the company’s activity in the country in the fields of exploration and production, especially in the western region and the Red Sea.
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