Egypt and Algeria to boost cooperation

Tarek El-Molla, Egypt’s minister of petroleum and mineral resources, and Mohammed Arkab, Algeria’s minister of energy and mines, signed the documents.

The deal covers cooperation in the marketing of petroleum products, especially butane, and in the research, exploration and production of oil and gas.

It also lays the groundwork for collaboration in the establishment of a company — whose scope of activity covers all of Africa — to carry out joint studies and projects, in the conversion of conventionally fueled cars into natural gas-powered vehicles and in the exchange of expertise in national strategies for improving the hydrogen industry.