Minister of Petroleum and Mineral Resources Tarek El Molla met with Oliver Rentschler, Director-General for Climate Diplomacy, Economic Affairs and Technology at the German Federal Foreign Office, where they discussed means of boosting cooperation in natural gas, hydrogen, green energy, petrochemicals and how to benefit from the expertise and latest German technology in implementing projects.
During the meeting, El Molla affirmed that the energy industry in Egypt witnessed great developments during the past years as it has strong infrastructure and unique skills, in addition to adopting new technologies which enabled the country to achieve several successes and gain the trust of the European Union (EU).
He noted that there is a great opportunity to boost cooperation with Germany in executing more successful projects in the energy field.
The minister also referred to the ongoing work for setting a strategy for carbon capture storage and usage (CCS) to be implemented, stating that several studies have already been done for some trial projects in some petroleum sites as well as implementing some projects in the fields of green energy including green methanol, green ammonia and sustainable airplanes fuels.
For his part, Rentschler affirmed that Germany seeks to enhance cooperation with friendly countries to diversify its energy resources, noting that Egypt is one of the key countries that Germany can rely on to implement its hydrogen plans.
Additionally, he expressed his country’s readiness to help Egypt in executing its national hydrogen strategy.