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GreekReporter.comGreek NewsCyprus"East Mediterranean Gas Forum" Meets for First Time in Cairo

"East Mediterranean Gas Forum" Meets for First Time in Cairo

The first-annual ministerial-level forum was held in Cairo. Photo by Lakkotrypis’ Twitter page

The energy ministers of Greece, Italy, Cyprus, Israel, Egypt, Jordan and Palestine held their first annual ”East Mediterranean Gas Forum” on January 14 and 15 in the Egyptian capital of Cairo.
Greece was represented by its energy minister George Stathakis and Cyprus by Minister George Lakkotrypis.

Το φυσικό αέριο διαδραματίζει στρατηγικό ρόλο στην ενεργειακή μετάβαση της ελληνικής οικονομίας σε ένα περιβάλλον…

Posted by George Stathakis on Monday, January 14, 2019

Speaking with the state-run AMNA news agency, Stathakis said that the East Mediterranean Gas Forum is of massive importance for Greece’s interests in the region. He noted that ”Greece plays a strategic role in regard to natural gas and its transfer to the rest of the European Union”, and added that this new forum promotes cooperation, mutual interests and co-existence.
For his part, speaking with the Cypriot state-run CNA news agency, Lakkotrypis said that the decision to set up the East Mediterranean Gas Forum, an international organization based on cooperation, was of enormous importance for Cyprus and its citizens.

Lakotrypis also noted that the establishment of this forum ”sends a message to …  the international community that the countries of the region come together to create a framework in which big hydrocarbon companies could operate.
He continued that this is vital in order to “attract the multi–billion-euro investments that are necessary for this industry to work in the region”.
The discussions were also attended by representatives from the World Bank and the European Union.

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