April 08, 2026 [Egypt Oil & Gas]- Green Hydrogen Development Holding Limited, a subsidiary of United Energy Group (UEG), has signed a Memorandum of Understanding (MoU) with Abu Qir Fertilizers and Chemicals Company, Alexandria Fertilizers Company (Alexfert), and Orascom Construction SAE to explore the development of a Mediterranean Green Hydrogen Hub project in Alexandria.

The signing ceremony was convened on the sidelines of EGYPES 2026 at the Ministry of Petroleum and Mineral Resources (MoPMR) booth. The event was attended by Ihab Ragaee, First Undersecretary for Production at the MoPMR, and Song Yu, Chairman of UEG. The project aims to develop a large-scale natural gas alternative through green hydrogen production powered by renewable energy, integrated into existing ammonia infrastructure.

Under the terms of the MoU, UEG and Orascom Construction will lead feasibility studies for 500 megawatts (MW) of renewable energy generation (wind and solar) and green hydrogen production capacity equivalent to 480 tons per day of green ammonia.

“Egypt offers a strategic gateway for green energy investments, and we are actively working to bolster project studies and partnerships to bring this vision into reality,” stated Kamel Elsawi, Regional President of UEG Africa. UEG is a leading integrated independent energy company listed on the Hong Kong Stock Exchange.

Abu Qir and Alexfert will evaluate the integration of green hydrogen into ammonia production processes while supporting access to local resources and infrastructure. “This partnership reflects Abu Qir’s commitment to leading the transition toward low-carbon ammonia production, leveraging our existing assets while integrating green hydrogen solutions,” said Hany Dahy, Chairman of Abu Qir Fertilizers and Chemicals Company.

Alaa Elbanna, Chairman of Alexfert, added that the company is exploring practical pathways to incorporate green hydrogen into ammonia production, enhancing sustainability while maintaining operational efficiency. Gu Xiaodong, General Manager of UEG Hydrogen Limited, noted that the partners are advancing development activities to establish a scalable platform supporting both local industry and export markets.

The project aligns with Egypt’s ambitions to become a hub for green fuels, including renewable fuels of non-biological origin (RFNBO). The MoPMR is currently developing investment incentive packages to increase the country’s global green hydrogen market share to 8%, targeting an annual production of 10 million tons (mmt), according to Minister of Petroleum and Mineral Resources Karim Badawi.