President El-Sisi Reviews Egypt’s Ambitious Green Hydrogen Production Strategy
12.26.2023 By Tank Terminals - NEWS

December 26, 2023 [SQ]- In a high-level meeting, President Abdel Fattah El-Sisi, along with Prime Minister Dr. Mostafa Madbouly, Minister of Electricity and Renewable Energy Dr. Mohamed Shaker, and Minister of Petroleum and Mineral Resources Engineer Tarek El-Molla, reviewed Egypt’s strategy for green hydrogen production.

 

The national plan aims to position Egypt as a global leader in the low-carbon hydrogen economy, fostering job creation, boosting national income, and aligning with environmental preservation goals.

During the meeting, discussions centered on hydrogen production scenarios, the upcoming action plan at both executive and legislative levels, and measures to enhance national capabilities. The strategy aims to significantly reduce emissions, contribute to environmental protection, and advance Egypt’s sustainable development agenda.

Key elements of the meeting included an overview of upcoming projects, the state’s role in reducing hydrogen production costs, and targeted scenarios for minimizing Egypt’s reliance on imported petroleum products. President El-Sisi provided directives to kickstart the agreed-upon projects, emphasizing the importance of transitioning to sustainable energy as a fundamental aspect of Egypt’s Vision 2030.

The government is set to initiate the necessary infrastructure for these projects, marking a significant stride towards achieving Egypt’s long-term development objectives. The commitment to green hydrogen underscores Egypt’s dedication to comprehensive development and economic progress.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Petronas and Japan's ENEOS Xplora Agree on 10% Stake in Malaysia LNG Plant
04.30.2026 - NEWS
April 30, 2026 [Reuters]- Malaysia’s state energy firm Petronas said it has signed definiti... Read More
Valero Energy Beats Profit Estimates on Strong Refining Performance
04.30.2026 - NEWS
April 30, 2026 [Reuters]- U.S. refiner Valero Energy surpassed Wall Street expectations for first... Read More
PetroChina's First-Quarter Profit Up on Growing Gas and Fuel Sales
04.30.2026 - NEWS
April 30, 2026 [Reuters]- PetroChina, Asia’s largest oil and gas producer, posted a 1.9% ri... Read More
BP Signs Agreement with Venezuela to Develop Offshore Gas Fields
04.30.2026 - NEWS
April 30, 2026 [Reuters]- BP will develop Venezuela’s Cocuina-Manakin gas field, on the mar... Read More