Egypt Electricity, Petroleum Ministries Coordinate to Boost Efficiency, Localise Industry

Egypt’s electricity and petroleum ministers agreed on Tuesday to step up cooperation on improving power generation efficiency, reducing fuel use and localising energy-related industries, the government said in a statement.

Electricity Minister Mahmoud Esmat and Petroleum Minister Karim Badawy met in the New Administrative Capital to discuss projects aimed at transferring technology, expanding downstream industries, and maximising returns from the country’s mineral and natural resources.

The plan…