In Egypt, Egypt Oil & Gas reported that Waleid Gamal El-Dien, Chairman of the Suez Canal Economic Zone (SCZONE), hosted Peter Mollema, the Dutch Ambassador to Egypt, to discuss expanding bilateral investment in renewable energy and green hydrogen production.
According to an official statement issued by the SCZONE, the meeting held at the authority’s New Capital headquarters focused on leveraging Egypt’s strategic location and natural resources to support the global energy transition.
Gamal El-Dien highlighted that the SCZONE is prioritizing the localization of green fuel industries as a cornerstone of its sustainable development strategy.
Furthermore, he reviewed the progress of high-value projects within the zone, specifically the “Egypt Green Hydrogen” facility. The project is currently on track to export its first shipment of green ammonia to Germany by the end of 2027, according to the report.
A key focus of the discussion was the development of “green corridors” designed to link Egyptian production hubs with international markets, the report added.
More on the story.
