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Egypt’s Petroleum Minister stresses collaboration in global energy market at Gastech

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, stressed the importance of collaboration in the global energy market. This came during his participation in the opening of the Gastech 2024 conference and exhibition in Houston, Texas, highlighting the country’s role as a crucial player in global energy markets.

Badawi served as a keynote speaker at the inaugural ministerial session, titled “From Mitigation to Adaptation: Navigating Geopolitical Volatility in a Fragmented Global Order.” He was joined by a panel of fellow energy ministers from India, Turkey, the United States, and Nigeria.

Badawi underscored Egypt’s strategic position as a gateway for natural gas and hydrogen trade between the East, West, and North. He pointed to the country’s robust infrastructure, abundant natural resources, and the growing role of renewable energy sources such as solar and wind power. He stressed the need for strong international collaboration to optimise the use of these resources.

“Cooperation and combined efforts are essential for optimal utilisation of these resources,” Badawi said.

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