East Mediterranean Gas Forum Charter to be signed via teleconference on Tuesday

East Mediterranean Gas Forum Charter to be signed via teleconference on Tuesday

Egypt, Cyprus, Greece, Israel, Italy, Jordan and the Palestinian Authority are scheduled to sign on Tuesday morning the East Mediterranean Gas Forum (EMGF) Charter via teleconference, Cyprus' energy ministry announced in a press release on Monday.

The ceremony officially establishes the international forum of which Cyprus, Egypt, Greece, Israel, Italy, Jordan and the Palestinian Authority are members, the statement said.

"The EMGF constitutes a very important initiative by Egypt, as it makes the most of the excellent relations and cooperation between Eastern Mediterranean countries, in order to find ways to develop in the best possible way the region's natural wealth, and primarily natural gas,“ the statement added.

Egypt's petroleum minister Tarek El-Molla is set to sign the agreement.  

The EMGF was originally established between Egypt, Greece, and Cyprus