Prime Minister Mostafa Madbouly highlighted the growing importance of the integrated national strategy for hydrogen production during this period as a promising source of energy for the near future.
Madbouly made these remarks during his meeting with the Minister of Petroleum and Mineral Resources Tarek El Molla and the Minister of Electricity and Renewable Energy Mohamed Shaker to review the latest updates concerning the preparations for the national strategy for hydrogen production.
Madbouly affirmed that Egypt seeks to have capabilities for generating and utilizing hydrogen in addition to adapting with the global developments in this field through conducting partnerships with the international expertise.
Moreover, Madbouly pointed out that the strategy aims to expanding investments in green hydrogen production to become regional and international center for producing green hydrogen and its derivatives, specially in the light of the state’s capability to produce the lowest cost green hydrogen globally enabling it to be competitive and accessible to various global markets.
During the meeting, it was noted that the final draft of the national strategy for hydrogen production was received from the consultant and the Prime Minister directed to hold meetings between the ministers of electricity and renewable energy and Petroleum and Mineral Resources to review it in preparation for its announcement within a month.