Gastech Panel Discussion "Unlocking and accelerating the full potential of the Eastern Mediterranean gas basin"

During Gastech H.E. Osama Mobarez EMGF Secretary General participated in a panel titled “Unlocking and accelerating the full potential of the Eastern Mediterranean gas basin” on 6 September 2022 along side H.E. Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources, H.E. Natasa Pilades, Cypriot Minister of Energy, Commerce & Industry, Ms. Alexandra Sdoukou, Greek Secretary General for Energy & Mineral Resources, Ms. Laura Lochman, US DOS Deputy Assistant Secretary and Mr. Guido Brusco, COO Natural Resources Eni.

H.E. Mobarez gave an overview of the current gas potential of the East Med region and how the EMGF is capable of achieving a breakthrough in regional gas cooperation to allow for economic growth and security for the whole region. H.E. then engaged in the discussions by adding that the EMGF activities are progressing further to ensure energy security in the region and can address the current EU gas shortage issue by developing several projects to enhance cooperation. Finally H.E. highlighted the EMGF efforts in decarbonization that will be presented in the upcoming COP27 hosted by Egypt next November.

EMGF – EGYPS 2nd edition Strategic Leadership Round table Discussion “The East Med and North African Gas Opportunity”

On the sidelines of Gastech, the EMGF together with EGYPS organized the second edition of Strategic Leadership Roundtable on 5 September 2022. The discussion hosted Ministers, senior energy experts, industry leaders and international organizations to discuss how the East Med and North Africa can play a pivotal role in supporting sustainable global energy supply and demand.

The discussion started with key note speech from HE Tarek El Molla Egyptian Minister of Petroleum and Mineral Resources where he highlighted the pivotal role of the East Med region to support global supply and demand dynamics especially for the EU and the importance of expanding the existing trade relationships with Europe and boost economic growth through the EMGF to create more projects to increase gas exports to new markets in Europe.

The second module focused on partnership and investment, where H.E. Natasa Pilides Cypriot Minister of Energy, Commerce and Industry highlighted the positive role of the EMGF in paving the way for consuming, transit and producing countries and even private sector to align and work together in delivering global long-term partnerships and investments in gas/LNG and energy infrastructure.

Finally the third module handled the importance of energy transition, where H.E. Osama Mobarez EMGF Secretary General stressed EMGF’s support to energy transition and presented the various projects and decarbonization efforts in place and emphasized that EMGF believes in the importance of sustainable development and that energy efficiency will directly strengthen energy security in the region.

26th Annual Economist Government Roundtable "Strategic Energy Partnership in the region"

H.E. Osama Mobarez EMGF SG participated in the 26th Annual Economist Government Roundtable event through a panel titled “Strategic Energy Partnership in the region” in Athens on 6th of July 2022, along side H.E. Kostas Skrekas, Greek Minister of Environment & Energy as well as business partners Mr. Fabrizio Mattana, CEO IGI Poseidon, Mr. Jerry Kalogiratos, CEO Capital Product Partners LP, Ms. Maria Rita Galli, CEO DESFA and Mr. Konstantinos Karagiannakos, Executive Director, ICGB Bulgaria. The panel focused on the significance of collaboration around energy in the region to overcome all the challenges and ensure the availability of cleaner energy sources like natural gas for all nations.

H.E. Mobarez in his key note speech stressed the importance of enhancing regional cooperation in light of all the challenges due to the pandemic and geopolitical tension and how gas will play a role in the future energy mix. He gave an overview about the latest updates of the EMGF and how the forum is one of key solutions for Europe to help them diversify their gas supply.

He also shed light through the discussions on the importance of the East Med Gas with all its wealth and potential to ensure energy security and help secure access to more diversified sources of gas and LNG. He finally highlighted the EMGF efforts that support global energy transition towards cleaner sources of energy.

Natural Gas in the Energy Transition Workshop

H.E. Osama Mobarez EMGF SG participated in a workshop titled “Natural Gas in the Energy Transition” organized by the Italian Embassy in Cairo on 21st of  June 2022. The workshop focuses on the Italian and Egyptian companies collaboration especially in the natural gas sector and the future role of natural gas in the energy mix.

H.E. Mobarez in his key note speech stressed the importance of availing affordable and cleaner sources of energy like natural gas. He gave an overview about the latest updates of the EMGF in light of last week’s ministerial meeting, where the long term strategy that focuses on energy transition and environment was endorsed and how the forum is committed to enhance regional cooperation and support global positive climate action.

EMGF – EGYPS Round table Discussion “East Med Gas Role In Enabling Energy Security And Developing Decarbonisation Efforts”

On the sidelines of the EMGF 7th Ministerial Meeting EGYPS organized a closed-door Strategic Leadership Roundtable hosted for the EMGF Ministers and Heads of Delegation, Senior Energy experts, GIAC members and International Organizations on June 15th, 2022 to discuss how the East Mediterranean region can play a pivotal role to support global supply and demand dynamics, while ensuring smooth energy transition to cleaner sources of energy especially natural gas.

The discussion started with key note speech from H.E. Kadri Simson, Commissioner for Energy, European Union where she shed light on the role of East Med Gas to ensure energy security and the discussion evolved on how the EMGF can help secure access to more diversified sources of gas and LNG, to stabilize domestic energy supplies amid growing shortages and increasing costs.

The second module of the event focused on energy transition and decarbonisation, where H.E. Dr. Yasmine Fouad, Egyptian Minister of Environment & COP27 Ministerial Coordinator & Envoy highlighted the positive role of the EMGF in promoting the use of cleaner sources of energy. And thanked the initiative of involving the oil and gas sector both governments and companies in an environmental conversation. The discussion continued with perspectives around the contribution of East Med Gas to the energy transition and to the decarbonisation initiatives that can be presented in the upcoming COP27.

EMGF – Amcham Round table Discussion “Financing for Decarbonization”

EMGF in collaboration with the American Chamber of Commerce organized round table event on the 31st of May 2022 with the title “Financing for De-carbonization”. The discussion focused on ways in which sustainable finance can help decarbonize the economy, highlighting the critical role of the financial services industry as they fund the transition to a sustainable future

Mr. Helmy Ghazi – Deputy CEO and Head of Global Banking HSBC presented the role of the financial services industry in achieving net-zero targets and exploring the potential impact of financial institutions. This was followed by discussion from key oil and gas players with H.E. Osama Mobarez EMGF SG on how financing is one of the key points in achieving smooth energy transition and the initiatives and projects the EMGF are providing to ensure regional gas de-carbonization.

Energy Climate Diplomacy in Times of Systematic Crisis: Keeping Climate Pledges in the context of Hard Realities Webinar

H.E. Osama Mobarez EMGF SG participated in a panel titled “Strategizing EU Gas Supply: Look from EU Energy Partners” organized by MOFA of Republic of Bulgaria as part of Webinar titled “Energy  Climate Diplomacy in Times of Systematic Crisis: Keeping Climate Pledges in the context of Hard Realities” on 20th of  April 2022.

H.E. Mobarez gave an overview of the current challenges facing the gas market, presented the latest updates of the EMGF and how EMGF is one of key solutions for Europe to help them diversify their gas supply to ensure energy security.

EU- Egypt’s Role in Mitigating and Adapting to the Effects of the Climate Crisis in view of the COP 26

EMGF ASG Osama Mobarez participated in a webinar titled “Egypt’s Role in Mitigating and Adapting to the Effects of the Climate Crisis in view of the COP 26” organized by the European Union on 22nd of September 2021 to introduce the importance of tackling the climate crisis to reduce greenhouse gases emissions in line with the global energy transition. Mr. Mobarez in his opening speech emphasized that energy transition and climate neutrality are major strategic priorities. In light with that within EMGF, Egypt led the launch of two primary de-carbonization initiatives for Natural Gas De-carbonization in the Eastern Mediterranean Region and promoting LNG as a cleaner Fuel for Vessels to support the shift towards energy transition. He finally praised the members of the GIAC who support EMGF’s initiatives for regional gas de-carbonization.

EU -Natural Gas as a catalyst for Peace in the East Med

EMGF ASG Osama Mobarez participated in a session titled “Natural Gas as a catalyst for Peace in the East Med” organized by the European Union on 7th of September 2021. Mr. Mobarez gave an overview of the gas market in the region and presented the latest updates and the ongoing projects and studies of the EMGF, followed by a fruitful exchange of views with representatives of the EU and its member states in Egypt highlighting the importance of the EMGF in the region.
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