French major TotalEnergies is the latest firm to sign an MoU as part of Egypt’s green hydrogen/ammonia drive ahead of this November’s Cop 27 in Cairo. Egypt’s cabinet in a 12 May Facebook post announced that it had signed an MoU with TotalEnergies and Africa-focused investor Enara Capital to build a “state-of-the-art facility” at the Suez Canal Economic Zone (SCZone) to produce 300,000 t/y of green ammonia in its first phase, with the potential to raise capacity to 1.5mn t/y.
As with the slew of other similar proposals – most of which are to be sited at Ain Sukhna at the Red Sea end of the Suez Canal (MEES, 29 April) – the pair will be partnered by the Sovereign Fund of Egypt (SFE), the SCZone, the Egyptian Electricity Transmission Company (EETC), and the New and Renewable Energy Authority (NREA). (CONTINUED - 182 WORDS)