El Molla, Honeywell Explore Cooperation in Green Fuel, Emissions Reduction, Capacity Building

El Molla, Honeywell Explore Cooperation in Green Fuel, Emissions Reduction, Capacity Building

Minister of Petroleum and Mineral Resources Tarek El Molla has met with a delegation from Honeywell International, headed by Khaled Hashem, the company’s President for the Middle East and Africa region.

The meeting reviewed the possibility of implementing several joint projects between the oil and gas sector and Honeywell Company in the fields of green fuel, emissions reduction, and cadre training.

During the meeting, El Molla stated that the petroleum sector is currently studying the implementation of several value-added projects that will achieve a significant return on the national economy.

El Molla confirmed that the project to produce sustainable aviation fuel (SAF) would put Egypt at the forefront of countries implementing it in the region and aims to meet the growing demand for sustainable aviation fuel.

For its part, the company delegation confirmed that work is underway to implement a feasibility study for the SAF fuel production project in Egypt in partnership with the European Bank for Reconstruction and Development (EBRD), and that work on the feasibility study will be completed within the next few months.

The delegation extended an invitation to receive a team from the Ministry of Petroleum and Mineral Resources in some of the units already producing SAF fuel in Italy and the US to learn about the different stages of production.

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Sarah Samir 3569 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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