Egypt and Greece have agreed to deepen cooperation in the energy sector, with a particular focus on liquefied natural gas (LNG) trade and re-export to European markets, as both countries seek to strengthen their role as regional energy hubs.
The discussions took place during a meeting between Egypt's Minister of Petroleum and Mineral Resources Karim Badawi and Greece's Minister of Environment and Energy Stavros Papastavrou on the sidelines of the East Mediterranean Gas Forum (EMGF) 2026 meetings in Washington.
The two ministers highlighted the strong strategic ties between Egypt and Greece, describing their partnership as a successful model of regional cooperation in the Eastern Mediterranean, especially in the energy sector.
Badawi praised the progress achieved in bilateral energy cooperation in recent years and stressed the need to translate plans into concrete projects that deliver tangible benefits for both countries and contribute to regional energy security.
"We must move from planning to implementation," Badawi said, emphasizing the importance of advancing practical regional initiatives that support sustainable energy development.
The ministers also underscored the leading role played by Egypt and Greece in advancing the objectives of the EMGF. They noted that the forum's updated long-term strategy offers an opportunity to accelerate regional integration, develop new energy projects and attract investment across the Eastern Mediterranean.
In the natural gas sector, both sides welcomed progress in expanding cooperation in LNG trading and marketing, while calling for closer collaboration to enhance energy security and ensure stable supplies to European markets.
The ministers highlighted the importance of the joint venture established between the Egyptian Natural Gas Holding Company (EGAS) and Greece's Copelouzos Group, describing it as a key platform for strengthening regional cooperation and linking Eastern Mediterranean energy resources with Europe.
The two countries agreed to continue cooperation in gas trading, transportation and regasification, while making full use of existing infrastructure to support European energy needs.
The talks also covered opportunities for joint pilot projects in low-carbon technologies and knowledge-sharing initiatives aimed at supporting the energy transition and reducing emissions.
In addition, Egypt and Greece agreed to explore the organization of a specialized bilateral energy business forum to encourage direct engagement between companies and identify new investment opportunities. The two sides also discussed establishing a high-level joint working group to coordinate future energy cooperation.
The meeting reflects growing efforts by both countries to strengthen regional energy integration and enhance the Eastern Mediterranean's role in supporting Europe's energy diversification strategy.
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