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16 June, 2024
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Nicosia passes energy forum baton to Cairo

Cypriot energy minister to preside over budget meeting of East Mediterranean Gas Forum in Cairo

Source: CNA

Minister of Energy, Trade and Industry, Natasa Pilides will preside on Wednesday in Cairo over the 8th Ministerial Meeting of the regional intergovernmental organization East Mediterranean Gas Forum (EMGF), the last one that will be held within the framework of the Cyprus Presidency of the Forum for 2022.

According to a press release by the Ministry, the agenda of the meeting includes the assumption of the Presidency of the EMGF for 2023 by the Minister of Petroleum of Egypt Tarek El Molla, as well as the approval of the Forum's budget for the same year.

They are expected to adopt a Cypriot proposal to create a permanent advisory committee to push recommendations on technologies and policies to minimize the carbon footprint of EMGF members

In addition, they are expected to adopt the proposal of the Cypriot Presidency of the EMGF to create a permanent Scientific and Technical Advisory Committee of the Forum which will support its work through recommendations on technologies and policies to minimize the carbon footprint of its members' natural gas activities. The Committee will work to promote measures in the energy sector to prevent and mitigate the effects of climate change.

The Ministers of the EMGF member countries are expected to approve the results of the study on the role of and opportunities for East Mediterranean Gas in the rapidly evolving global and European gas markets, as well as the report of the Forum on Decarbonisation.

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