OREANDA-NEWS. July 13, 2010. SOCAR President Mr. Rovnag Abdullayev met with the delegation headed by Egyptian Minister of Oil Mr. Amin Sameh Fahmi. By welcoming the guests, Mr. Abdullayev expressed his gratitude for development of bilateral friendly relations and cooperation and mentioned Azerbaijan-Egypt relations in oil sphere. By pointing out the importance of the mutually interesting visits, SOCAR President stated that such meetings contribute to the development of future cooperation. According to him, Azerbaijan and Egypt mainly cooperate in oil sphere. Mr. Abdullayev mentioned the existence of all necessary potential and opportunities that the two countries could cooperate on oil and gas production, geological exploration and other spheres. By briefing on the projects implemented by SOCAR Trading Company in Egypt, he noted the importance of creation the workgroup for solution of the mutually interesting issues. Egyptian Minister of Oil Mr. Amin Sameh Fahmi expressed his gratitude for friendly reception by adding that they are closely familiar with the ancient history of Azerbaijani oil industry. He also expressed his assurance that this visit will contribute to the expansion of the relations with Azerbaijan. According to Mr. Amin Sameh Fahmi, Egypt doubled the oil production for the last 5 years and 64 new fields were discovered last year. By mentioning the companies from 50 countries operating in oil and gas sphere in Egypt, Mr. Fehmin expressed his assurance that Azerbaijan will also join this number. In turn, Mr. Abdullayev expressed his gratitude for the kind words about Azerbaijan, its oil industry, and SOCAR, and wished success to the Egyptian guests in their future activities.