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Maersk, agreement for the production of green hydrogen in Egypt
A feasibility study will be carried out by the end of the year
March 28, 2022
Today in Cairo, at the seat of the Council of Ministers, in the presence of the Egyptian premier Mostafa Madbouly, the Danish shipowner group A.P. Møller-Mærsk has signed a memorandum of understanding for large-scale production of fuels Greens in Egypt with the Suez Canal Economic Zone (SCZone), the Egyptian New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC) and the Sovereign Fund of Egypt for Investment and Development (TSFE). The agreement was the result of meetings in the middle of this month between the Danish group and the SCZone with the aim of defining the project, which is dedicated in particular to the production of green hydrogen.
The partners of the agreement will carry out a feasibility study by the end of this year to assess the possibility of producing hydrogen and green naval fuels in Egypt, with Maersk in the contractor's vests. " Egypt-Egypt's Henriette Hallberg Thygesen, CEO Fleet & Strategic Brands of Maersk-offers excellent conditions for renewable energy production and has the ambition to become a global leader in the energy value chain green ". "The availability of energy and green fuel in sufficient quantities and at competitive prices represents the biggest challenge for the decarbonisation of world shipping," he said.
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Today in Cairo, at the seat of the Council of Ministers, in the presence of the Egyptian premier Mostafa Madbouly, the Danish shipowner group A.P. Møller-Mærsk has signed a memorandum of understanding for large-scale production of fuels Greens in Egypt with the Suez Canal Economic Zone (SCZone), the Egyptian New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC) and the Sovereign Fund of Egypt for Investment and Development (TSFE). The agreement was the result of meetings in the middle of this month between the Danish group and the SCZone with the aim of defining the project, which is dedicated in particular to the production of green hydrogen. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
