Green hydrogen and liquefied natural gas cooperation agreements were inked by the Egyptian and German governments (LNG)
Tuesday, 08 November 2022
Egyptian Minister of International Cooperation Rania Al-Mashat, German Vice-Chancellor and Federal Minister for Climate Action and Economic Affairs Robert Habeck, and Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker signed a joint declaration of intent for cooperation in the field of green hydrogen between the Egyptian and German governments.
Also, Al-Mashat was present as the Egyptian Ministry of Petroleum and Mineral Resources and the German Federal Ministry of Economic Affairs and Climate Action signed a statement of intent to collaborate in the sector of liquefied natural gas. Both the Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla and the German Vice Chancellor and Federal Minister of Climate Action and Economic Affairs Robert Habeck signed the statement of intent. Minister of International Cooperation Rania Al-Mashat emphasised the significance of two declarations of intent related to cooperation in the fields of green hydrogen and liquefied gas. The declaration of intent for cooperation in the field of green hydrogen aims to enhance cooperation in the field of green hydrogen and promote sustainable development, and to cooperate for achieving the goals of the Paris Agreement related to reducing greenhouse gas emissions.
The Minister emphasised that the production of green hydrogen is a topic that garners widespread interest because it is a decarbonized fuel that will play a significant role in the global energy transformation, which is essential for the advancement of Renewable energy, environmental protection, and reduced carbon dioxide emissions. In the context of the Cop-27 Climate Conference, which was launched by the Egyptian Ministry of International Cooperation in July, she highlighted the projects of the Egyptian national platform of the "NWFE" programme, which had previously been coordinated with the Ministry of Environment and various development partners in this regard. To further the global energy transition and to construct climate-neutral cross-border energy networks that rely mostly on green hydrogen, Habeck noted that the German side is interested in assisting Egypt in establishing a new base for its energy supplies.