Egypt and Norway signed an agreement to construct and operate a project to produce green hydrogen with a 100 MW capacity in the Suez Canal Economic Zone and another agreement on the purchase of hydrogen. The deal comes within the framework of an MoU that Egypt signed with Norway’s Scatec earlier in March for the construction of Egypt’s first ammonia plant at a cost of USD 5 billion.On 10 March, the Cabinet said the project will be constructed in the industrial zone of Ain Sokhna, which belongs to the SCZone, and will have a production capacity of 1 million tonnes annually with a potential to be expanded to 3 million tonnes. The project, expected to start production in 2025, will mainly export green ammonia to European and Asian markets
Egypt and Norway signed an agreement to construct and operate a project to produce green hydrogen with a 100 MW capacity in the Suez Canal Economic Zone and another agreement on the purchase of hydrogen. The deal comes within the framework of an MoU that Egypt signed with Norway’s Scatec earlier in March for the construction of Egypt’s first ammonia plant at a cost of USD 5 billion.On 10 March, the Cabinet said the project will be constructed in the industrial zone of Ain Sokhna, which belongs to the SCZone, and will have a production capacity of 1 million tonnes annually with a potential to be expanded to 3 million tonnes. The project, expected to start production in 2025, will mainly export green ammonia to European and Asian markets
