Egypt to launch $40bn hydrogen strategy before June 2022
11 February 2022
The Egyptian government is planning to announce its $40bn hydrogen strategy before June 2022, which will include plans for a production capacity of 1.4GW by 2030.
The National Committee in charge of preparing the hydrogen strategy is coordinating with the European Bank for Reconstruction and Development (EBRD) in order to select a consultant to determine the technical, legal and financial requirements for developing hydrogen projects in Egypt.
Gabriel Lastours, head of energy Middle East and Africa at EBRD, said that The EBRD is working with governments in Egypt and Morocco on studies to assess how green hydrogen could contribute to the decarbonisation agenda and mapping out low carbon pathways for these countries.
Related
-
Bulgaria signs offshore oil, gas exploration deal with Shell
16 April 2025
-
India finances two Sri Lankan rail projects
16 April 2025
-
Zambia to resume construction of power line to Tanzania
16 April 2025
-
Procurement starts for future UAE-Qatar road link
16 April 2025
-
German firm to spend €1.6bn converting power plants to hydrogen
15 April 2025
-
Four in race to supply reactors to Kazakhstan’s first nuclear power plant
15 April 2025