The relations between Egypt and France are long, solid, and have witnessed great development and remarkable momentum in recent years.
Total started to produce sustainable aviation fuel (SAF) at its La Mède biorefinery in southern France and its Oudalle facility near Le Havre. It will be delivered to French airports starting in April 2021, according to Total’s press release.
Total has agreed to sell wind and solar farms portfolios of renewable assets to both banks Banque des Territoires, and Crédit Agricole Assurances in France.
Total Energy Group has agreed to buy a stake of 20% in India’s Adani Green Energy Limited (AGEL) in in attempt to enhance its presence in the renewable energy.
Egypt and France have signed two grants on Tuesday, October 8, 2019 with a total value of €71 million (EGP 1.2 billion) to fund the €68-million project of delivering natural gas to houses, in addition to a €3-million program of energy sector support, according to an official press release.