Watani International

Egypt goes green hydrogen, green ammonia

- L L L

The Egyptian government signed on 20 April two Memoranda of Understand­ing to set up green fuel projects at Ain Sukhna, in the economic ]one of the Sue] Canal. The Egyptian government was represente­d by ehia aki, Chairman of the General Authority for Sue] Canal Economic one Ayman Soliman CE2 of the Sovereign Fund of Egypt Sabah Mashali, Chairman of the oard of the Egyptian Company for Electricit­y Transmissi­on, and Mohammed El-. hayat, Executive Chairman of the New and 5enewable Energy Authority.

The first MoU was signed with Green Fuel Alliance, which includes ero :aste and E F 5enewables, for a project to produce 350,000 tonnes of green ammonia annually, to supply clean fuel to ships. The project will cost US 3 billion execution will start in 2024 and production is scheduled for 2026. The plant will initially produce 140,000 tonnes of green ammonia annually, to gradually go up to an annual 350,000 tonnes.

Signing the MoU on behalf of ero :aste was its Chairman Amr ElSawaf, and on behalf of E F 5enewables,

Frederic elloy, irector of the Egyptian subsidiary of the French company.

The second MoU was signed with the Emirati AMEA Power, and concerns a project to produce an annual 390,000 tonnes of green ammonia. Execution of the project should begin later this year, with production to start by the end of 2025. The plant will start by producing 235,000 tonnes per year, to be increased gradually.

The two projects will produce green ammonia using green hydrogen produced from desalinate­d sea water and renewable energy generated on site and transmitte­d through the national electricit­y grid.

The signing ceremony took place at the headquarte­rs of the Egyptian Cabinet. Attending were Prime Minister Mustafa Madbouly Minister of Electricit­y and 5enewable

Energy, Mohamed Shaker and Minister of Planning and Economic evelopment, ala al-Said. Maryam . halifa Al .aabi, UAE Ambassador to Egypt and Permanent 5epresenta­tive to the Arab League attended the signing of the MoU with the Emirati AMEA Power.

The PM stressed that the Egyptian political leadership is keen for more cooperatio­n in the field of transition to a green economy. The government, Mr Madbouly said, is doing its best to benefit from Egypt’s capacities to produce green hydrogen and green ammonia, in order to become a regional hub for green energy.

2n the same front, Mr ahia aki pointed out to a number of agreements that the government has recently signed with internatio­nal partners in the field of green energy production. These agreements were signed with the French E F 5enouvelab­les, the Norwegian Scatec, and the anish Maersk which is keen to reach ]ero carbon emissions in maritime transport, and is in the process of equipping 12 vessels to operate with green hydrogen.

 ?? ??
 ?? ??

Newspapers in English

Newspapers from Egypt