MP Mohamed Aboul Enein said that the coming period will witness investment surprises thanks to the demarcation of maritime borders with a number of countries.
Addressing the parliament’s plenary session, Aboul Enein referred that there are great opportunities awaiting Egypt, as many countries are looking for the closest ways to deliver natural gas to European states.
This came during the parliament session to discuss the Egypt-Greece maritime demarcation deal signed in Cairo on August 6.
The lawmaker added that this deal is a huge strategic, economic and political achievement for Egypt, and delivers important messages to the whole world, amid the major conflict witnessed by the region nowadays because of the Turkish intervention.
In addition, the MP pointed out that Egypt is the only country in the region to delineates economic borders with neighboring countries.
He also noted that, after singing the Cyprus agreement, Egypt has managed to turn from a net importer to an exporter of gas in late 2018.
“The issue of the Eastern Mediterranean has become very important,” the MP added, stressing that Greece deal puts points on the board.
Moreover, he hailed the Egyptian negotiator’s skill in defining the borders accurately, which will contribute to preserving our rights in the future.
“This deal will protect the Egyptian national security, and preserve the nation’s wealth,” Aboul Enein said. “We have to start calling for investment and exploration while setting future plans to maximize the benefit from natural gas.”