The Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) signed a memorandum of understanding (MoU) with the Italian energy giant Eni to assess projects of hydrogen production in Egypt, Offshore Energy reported on July 8th.
Eni, EEHC and EGAS will study the technical and commercial feasibility of green and blue hydrogen production projects in Egypt.
The study will also analyze the potential local market consumption of hydrogen and export opportunities.
Possible development and business schemes will be evaluated to implement the selected projects.
This agreement is part of Eni’s objective to achieve zero net emissions by 2050 and Egypt’s strategy towards diversifying the energy mix and developing hydrogen projects in collaboration with major international companies.
It aligns with Egypt’s strategy for energy transition, diversifying the energy mix and developing hydrogen projects in cooperation with major international companies.
