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Egypt-Italy: Snam CEO discusses Egypt as a gas hub

Energia Petrolio Gas JIACC

Minister of Petroleum Tarek el-Molla Thursday conferred with the CEO of the Italian SNAM Company Marco Alverà on opportunities of cooperation in the coming period in light of the increasing oil activities in Egypt and making use of the company’s expertise in implementing an integral program to turn Egypt into a regional hub for trading gas and petroleum

Source: Egypt Today – The meeting was attended by Italy’s Ambassador in Cairo Giampaolo Cantini.  “SNAM is specialized in implementing and running the infrastructure of natural gas in Italy and Europe and can play a key role in this project given its expertise, particularly that Egypt has all the basic potentials in terms of infrastructure, trained human cadres and important natural gas discoveries in the Mediterranean, the gas liquefaction in Damietta and Edko and the national gases network that cover the majority of Egypt,” Molla said. The company’s CEO reviewed SNAM’s fields of work around the world over more than 75 years and the available potentials to enhance cooperation with the Egyptian petroleum sector in the coming period

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