By:Egyptoil-gas

Minister of Petroleum and Mineral Resources Karim Badawi took part as a keynote speaker in the 2025 edition of the OMC Med Energy Conference & Exhibition, held in Ravenna, Italy. The invitation came from Claudio Descalzi, CEO of Italian energy company Eni. During the opening discussion session, Badawi outlined Egypt’s strategic vision for energy security and its growing role as a regional energy hub.

The session featured prominent regional figures, including Descalzi; Mohamed Arkab, Algeria’s Minister of Energy and Mines; and Gilberto Pichetto Fratin, Italy’s Minister of Environment and Energy Security. It was moderated by Silvia Pierzoni, an international financial journalist.

Badawi emphasized the significance of regional cooperation to maximize and accelerate the utilization of gas resources. He referenced the Egyptian-Cypriot agreements with the companies operating the Aphrodite and Cronos fields, which aim to tie these assets back to Egyptian processing facilities.

Badawi also reviewed Egypt’s energy sector developments, highlighting ongoing efforts to transition to cleaner energy sources and positioning natural gas as a key transitional fuel.

Additionally, the Minister spotlighted attractive investment opportunities, a new incentive package, and the critical role of digital transformation in enhancing upstream oil and gas activities.