Egypt’s Petroleum Minister Says Energy Security Requires Shared Responsibility and Stable Markets

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, said from Russia that energy security is a shared responsibility requiring stability in global markets.

Badawi delivered Egypt’s address at the eighth summit of heads of state and government of the Gas Exporting Countries Forum, representing President Abdel Fattah El-Sisi.

His message placed market stability at the heart of energy security, framing it as a concern that countries must address collectively rather than individually.

The summit brought together leaders of gas-exporting countries, providing the setting for Egypt to outline its position on responsibility for secure energy supplies.