Egypt signs blue ammonia agreement with Japanese firm

The Egyptian Natural Gas Holding Company (EGAS) and Egyptian Petrochemicals Holding Company (Echem) have signed a memorandum of understanding (MoU) for the exploration opportunities for blue ammonia production

The Egyptian Natural Gas Holding Company (EGAS) and Egyptian Petrochemicals Holding Company (Echem) have signed a memorandum of understanding (MoU) for the exploration opportunities for blue ammonia production.

Under the MoU, a study will be conducted for a period of 6 months to explore the economic feasibility and potential opportunities in the petroleum sector to implement projects to capture and store carbon dioxide for producing blue hydrogen using the latest Japanese technologies.

The signing of the MoU was attended by Tarek El-Molla, Egypt’s Minister of Petroleum and Mineral Resources.