Egypt explores production of green fuels for ships
Egypt plans to cooperate with the Maersk global shipping group to establish a national network to produce and distribute green fuel for ships, depending on new and renewable energy sources, as the country gears up to host the COP27 climate summit.
CAIRO — Egypt’s President Abdel Fattah al-Sisi recently issued directives to accelerate cooperation with Danish shipping giant Maersk to produce green energy and clean fuels for ships.
The directives came during Sisi’s meeting Sept. 19 with Maersk CEO Soren Skou. The two discussed a project to produce clean fuel for ships in Egypt with investments worth $15 billion, which will provide more than 100,000 job opportunities for Egyptians.
