In this interview, H.E. Tarek El-Molla, former Minister of Petroleum and Mineral Resources, Egypt, provides a pragmatic framework for this transformation. H.E. El-Molla advocates for a “realism-first” approach for the industry, emphasising that while the expansion of renewables and storage technology is important, the reliability of baseload hydrocarbons remains the bedrock of industrial stability. From the strategic role of LNG infrastructure to the collaborative efforts of the industry, he o..
Shell’s 2026 business plan in Egypt focuses on sustaining natural gas production, advancing offshore exploration, and progressing selected developments in alignment with the country’s energy security priorities. It maintains a strong focus on offshore exploration and development activities.
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