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Awards 2022

Egypt breaks into the European energy market with the green hydrogen

Dr. Mostafa Madbouly, the Egyptian Prime Minister, attended the signing ceremony of an agreement between the Ministry of Electricity and Renewable Energy, the Ministry of Petroleum and Mineral Resources, and the Egyptian Navy with the Belgian “DEME” company.

The agreement signed this March aims to start the studies on producing and exporting green hydrogen from Egypt.

Egypt has signed two international agreements in this field within two months. In addition to this agreement, Egypt signed an agreement of intent with the German company Siemens to start discussions and studies to implement a pilot project to produce green hydrogen in Egypt last month. Worth mentioning that the German company, Siemens, signed a similar agreement with Saudi Arabia on March 11th.