Importance of regional co-operation highlighted at Egypt Energy Show

At the opening of the Egypt Energy Show in Cairo, heads of state, energy ministers and policymakers underlined the need for regional co-operation to navigate the unprecedented international volatility and drive progress on energy security

His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, said, "The International Energy Agency has indicated that this may be one of the most severe energy crises in modern history - indeed, possibly one of the most significant crises the modern world has faced. This is not a single shock, but a double shock: a supply shock and a price shock. We are facing a significant reduction in supply - estimated at around 20-25%. Given the grave consequences of continued conflict […] it is our collective responsibility to work toward ending such crises, as cooperation is the key to overcoming the current challenges facing the energy sector."

His Excellency Nikos Christodoulides, president of the Republic of Cyprus , highlighted the impacts of the ongoing crisis on global energy priorities, stating "energy security is no longer merely an economic concern - it is fundamentally a political imperative."

Ditte Juul Jørgensen, director general of Energy, European Commission commented that the current criss has underlined the urgent need to transition to cleaner energy and to build sustainable domestic energy systems.

“For Europe, Egypt is a valued partner in this effort, and we must seize this opportunity not only to address current challenges but also to build a shared future defined by stability, resilience, sustainability, transparency, and integrity."

His Excellency Jasem Mohamed AlBudaiwi, Secretary General of the Gulf Cooperation Council (GCC), highlighted the Gulf region's critical role in stabilising international markets through prudent production policies and effective coordination to maintain the supply/demand balance.

His Excellency Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, Arab Republic of Egypt, also took the stage to underline the country's firm commitment to pragmatic policymaking, strategic investment, and sustained cross-border collaboration, which have contributed to its rise as a fast-growing regional energy hub and trusted diplomatic partner.

"This year's conference carries exceptional significance, convening at a critical juncture marked by escalating challenges and shifts within our region. In this context, effective partnerships are no longer an option, but an absolute necessity. Collective action has become the cornerstone for enhancing the resilience and sustainability of global supply chains."

The Opening Ceremony closed with the signing of new agreements between Egypt and Cyprus, which will enable Cypriot gas to be processed and liquefied at advanced facilities in Egypt.

Providing a forum for high-level dialogue, cross-border investment and commercial engagement, the first day of the Egypt Energy Show welcomed more than 50,000 international participants and 2,200 conference delegates, while more than 500 exhibitors across 13 dedicated country pavilions showcased the latest technologies and services shaping the future of energy.