EGPC inks deal with US oil Corp Chevron on technical cooperation

Minister of Petroleum and Mineral Resources Tarek el Molla witnessed on Wednesday the signing of a deal between the Egyptian General Petroleum Corporation (EGPC) and US oil giant Chevron Corporation on trade Wed, Feb. 12, 2020
CAIRO - 12 February 2020: Minister of Petroleum and Mineral Resources Tarek el Molla witnessed on Wednesday the signing of a deal between the Egyptian General Petroleum Corporation (EGPC) and US oil giant Chevron Corporation on trade and technical cooperation in the fields of refining, transportation and distribution of petroleum products and crude oil.

The move was made as part of the second-day activities of the Egypt Petroleum Show (EGYPS 2020), according to the state news agency, MENA.

The minister witnessed the inking of another agreement between Alexandria Mineral Oils Company (AMOC) and Chevron Corporation on cooperation in the trade and manufacture of petroleum products.

On Tuesday, President Sisi opened the EGYPS 2020 at the Egypt International Exhibition Center (EIEC) in Cairo's 5th Settlement district.

EGYPS is the largest oil and gas conference and exhibition across Egypt, North Africa and the Mediterranean. It has attracted over 270 local and international industrial experts.

Held under the theme of "North Africa And the Mediterranean: Delivering The Needs of Tomorrow," the event sees the participation of 1,600 people from 14 countries, alongside 15 international petroleum companies and more than 450 exhibitors.