SECTION 4: SUSTAINABILITY & REGIONAL PERFORMANCE

2. Egypt’s Events & Regional Participation in

» Hosting the General Assembly of the Mediterranean Energy Regulators (MEDREG) for the first time in December 2022, through Gas Regulatory Authority (GASREG).

» Joining the membership of the Global Gas Centre through EGAS.

» Organizing the 5th Edition of Egypt Petroleum Show (EGYPS 2022).

3. Egypt's Global Participation

» EU-Africa Business Summit in Brussels.

» CERAWeek Energy Conference in Houston.

» International Energy Agency (IEA) conference in Paris via videoconference.

» World Economic Forum in Davos.

» GasTech Conference in Milan.

» Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC).

Human Cadres Development

Within the framework of the Modernization project to maximize the utilization of human capabilities in the sector as a primary guarantee for sustainable performance and raising the employee’s efficiency as well as their skills, a lot of achievements were carried out in this regard, including:

The 2nd Edition of the MoP’s Youth and Middle Management Program

Completion Date

September 2022

416

Selected participants to join the standardized training phase

831

Evaluated Applicants

Completed Programs

282 Trainees

275

Sponsor

American Chamber of Commerce in Egypt

Signing a set of MoUs with major international oil and energy companies to sponsor various training programs in the next stage

Selected Candidates

Empowering young cadres

150

A plan has been prepared to empower distinguished cadres from the best graduates of capacity-building programs to get benefit from them in the different activities of the sector. Some cadres have already been chosen to work on new strategic projects in the sector, such as the Egypt Upstream Gateway (EUG) project, the sector restructuring project, and the various teams that work on development projects in addition to hiring them to take over leadership positions to bring about positive change in companies.

Energy Transition And Emissions Reduction

Energy transition and emission reduction are major parts of the petroleum sector’s strategy. The petroleum sector has adopted a vision and plan to convert to low-carbon energy sources and reduce carbon emissions in accordance with the main axes, including choosing natural gas as the main fuel during the transitional phase towards a full energy transition and expanding its use in Egypt. The implementation of several petrochemical projects is currently being studied, aiming at preserving the environment as well as producing and exploiting hydrogen.

SECTION 4: SUSTAINABILITY & REGIONAL PERFORMANCE

Establishing Center of Excellence for Energy E ciency

Egypt hosted COP 27, which was held in Sharm El-Sheikh from 6-18 November 2022. For the first time in the history of the COP climate summits and conferences since its launch in 1995, the MoP, international and local oil companies, and other industry-related organizations and institutions participated in the conference.

*The first three training programs were implemented during October 2022

Other Emissions Reduction & Green Projects

Partner Implementation of the first Methane Measurement Campaign

Germany

Aim

Role of the MoP during COP27

Organized the "Carbon Emissions Reduction” Day

November 11, 2022

The activities included

- Holding 8 sessions to review the e orts and plans in reducing emissions and accelerating the energy transition.

- Participation in a session on the American initiative to reach zero harmful emissions.

- Participation in the activities of the thematic energy day.

- Holding more than 20 bilateral meetings with a number of energy and petroleum ministers and o cials, heads of international companies, international and regional energy institutions.

Major MoP’s Outcomes from COP27

Aim Cooperating

Announcing Issuing Participation in signing MoU with EU The energy e ciency strategy in the Egyptian petroleum sector until 2035 Egypt's strategy framework for low carbon hydrogen In the field of production, consumption, trade of green hydrogen and its derivatives The Sharm El-Sheikh road map to reduce methane emissions from the petroleum sector The Eastern Mediterranean Gas Forum initiative to decarbonize