Wed, 09 Jun 2021 - 05:12 GMT
Minister of Petroleum and Mineral Wealth Tarek El-Molla -REUTERS
CAIRO - 9 June 2021: Egypt has already taken serious steps to join the league of hydrogen-producing countries, Minister of Petroleum and Mineral Resources Tarek El Molla said Wednesday.
Molla was speaking at the 1st Unlocking Industries – Hydrogen in Africa, an event held as part of the German-African Energy Days, which run from June 1 to 10.
He revealed that a specialized multi-ministerial committee is currently working on a hydrogen production strategy.
Egypt also has great potential and competitive advantages that enable it to make bold inroads into the hydrogen industry, especially its natural gas resources to support blue hydrogen production, which is necessary both on the short and long runs for effective and economically feasible green hydrogen production, Molla pointed out in a press release.
Egypt also has a large domestic market of hydrogen consuming industries, not to mention its strategically-located Red sea and Mediterranean ports, long-standing experience in hydrogen production technologies and availability of necessary infrastructure and transportation networks, Molla added.
The conference explores country insights on hydrogen potential and business opportunities and discussions on the necessary strategic approaches for private sector and politics.
This is the first ever premium event in German, European and African hydrogen cooperation and a starting point for unlocking industries worldwide through hydrogen in Africa.