Minister of Petroleum and Mineral Resources Tarek El Molla has started his participation in COP28 in Dubai, with several working sessions and agreements with Norway to boost joint green energy projects.

Following his attendance of President’s Abdel Fattah El Sisi discussion session with the Norway’s Prime Minister Jonas Gahr Støre, El Molla participated in a session for announcing the green projects with Scatec.

Additionally, El Molla witnessed signing of several agreements with Scatec which involve supplying ships with green fuel projects in the Suez Canal Economic Zone (SCZONE),  in addition to cooperation in solar energy  projects and green ammonia and methanol production projects in the petroleum sector.

El Molla emphasized the significance of taking measured strides in line with Egypt’s Vision 2030 to materialize the carbon reduction and energy transformation strategy through the ongoing implementation of tangible projects, particularly hydrogen projects and their derivatives in collaboration with Scatec. These projects will contribute to Egypt’s transformation into a regional hub for hydrogen and green fuels. The minister also reaffirmed the ongoing cooperation with major companies.

For her part, the Minister of International Cooperation, Rania El Mashat, referred to the Egyptian commitment to achieve leadership in the field of green hydrogen and to determine the projects to be implemented in the reality which reflects the credibility towards energy transition. 

Furthermore, the SCZONE Chairman Waleid Gamal El-Dein pointed to the importance of green hydrogen projects and its derivatives.