The pledge came during a roundtable chaired by Prime Minister Mostafa Madbouly on the second day of the Egypt Energy Show (EGYPES 2026), where participants emphasized the importance of adopting further measures to accelerate the implementation of strategic projects.
By: Business Today Staff
Tue, Mar. 31, 2026
International energy companies have reaffirmed their commitment to injecting additional investments into Egypt’s petroleum and natural gas sector in the coming period, underscoring continued confidence in the country’s energy market.
The pledge came during a roundtable chaired by Prime Minister Mostafa Madbouly on the second day of the Egypt Energy Show (EGYPES 2026), where participants emphasized the importance of adopting further measures to accelerate the implementation of strategic projects.
The roundtable brought together senior executives from major global energy companies and international financial institutions to explore ways to strengthen cooperation in the near term, while also assessing the implications of ongoing regional tensions on the sector.
According to a Cabinet statement, discussions addressed the economic impact of the current regional conflict on Egypt and reviewed domestic measures implemented to mitigate these effects.
Egypt reaffirmed its commitment to de-escalation efforts, promoting dialogue, and fostering an environment conducive to diplomatic and political solutions that safeguard regional and global stability.
Participants also examined ways to maximize the benefits of Egypt’s advanced natural gas infrastructure, including liquefaction facilities and transportation networks, reinforcing the country’s role as a regional energy trading hub in the Eastern Mediterranean.
Discussions focused on three core pillars covering the full capital investment cycle.
The first pillar addressed global investment trends and the impact of international financing conditions, including the exchange of views on sovereign risk and the influence of fiscal credibility on capital allocation decisions.
The second pillar examined mechanisms to enhance credibility and predictability within the investment environment by strengthening regulatory frameworks, ensuring contract enforceability, and maintaining timely payments to partners, measures that help reduce execution risks and accelerate project timelines.
The third pillar explored proposals to speed up investment flows by identifying financial and structural steps needed to move projects from negotiation to implementation, while leveraging diverse financing tools such as blended finance and export credit mechanisms.
Discussions also covered strategies to reduce investment risks in the energy sector through expanded use of innovative financing instruments and stronger engagement from international financial institutions to support project execution.
In addition, participants highlighted the importance of scaling risk-mitigation mechanisms, particularly blended finance, export credit guarantees, and private-sector guarantees across exploration, production, refining, and marketing activities.
The roundtable further emphasized the need for continuous consultation with private-sector partners and international institutions, alongside developing mechanisms to accelerate the transition of projects from feasibility studies to final investment decisions, supporting Egypt’s energy sector targets in the coming period.
Prime Minister Madbouly expressed his aspiration to deepen cooperation with companies operating in the oil and gas sectors, especially amid current global tensions that require stronger coordination and expanded collaboration frameworks.
He reaffirmed Egypt’s ongoing commitment to improving the investment climate to enable investors to achieve attractive returns and ensure the sustainability of their investments.
This includes offering competitive financial models and early renewal of partnership agreements with foreign investors to provide long-term clarity and stability for corporate planning, particularly in high-cost exploration areas such as Southwest Egypt, the Red Sea, and the Western Mediterranean.
At the same time, the Prime Minister stressed that Egypt remains committed to implementing its comprehensive economic reform program despite geopolitical and regional challenges, leveraging advanced infrastructure and major national projects, including gas and electricity transmission networks, liquefaction plants in Idku and Damietta, and strategically equipped ports that support Egypt’s role as a regional energy hub for the Eastern Mediterranean and Africa.
The government also reviewed its efforts to expand renewable energy sources, activate the green hydrogen strategy, and scale up regional electricity interconnection projects, highlighting the pivotal role of foreign investors in advancing these initiatives.
For his part, Karim Badawi, Minister of Petroleum and Mineral Resources, stated that the objective of the roundtable is to support increased investment inflows and strengthen investor confidence in Egypt’s oil and gas sectors by aligning national economic priorities with the operational requirements of global investors, thereby preserving Egypt’s competitiveness as an attractive destination for energy capital.
He also outlined ongoing efforts to maintain discipline in settling partner dues, considered a key factor in sustaining investor confidence, while continuing to provide an efficient and transparent investment environment.
Meanwhile, Ahmed Rostom, Minister of Planning and Economic Development, emphasized the importance of maintaining macroeconomic stability and enhancing exchange rate flexibility while continuing the economic reform program, measures that support investor confidence and strengthen the economy’s capacity to attract investment.
Rostom also stressed the need to ensure institutional consistency between announced policies and implementation mechanisms, providing investors with clear visibility, while simplifying regulatory procedures to reduce the time required to execute projects.