"We will enter the international market. Our actions will depend on prices and potential," Molla told reporters. "We will look for a supplier for the benefit of Egypt and for the good of the Egyptian people."
The minister noted that Egypt had imported nearly one-third of its oil from Saudi Aramco before the suspension, and said he was unable to name the date of the next contract.
"We are a big consumer and we deal with all of the world's suppliers and manufacturers," Molla said in response to a query on whether a Russian company could be Egypt's next supplier, stressing that the Arab republic has cooperated with Rosneft for several years on crude oil supplies.