Hydrogen deal with Eni. signed by Egypt

Egypt has stepped out in energy and resource management and is planning to generate energy by clean and renewable resources. Recently Eni S.p. A, a multinational oil and gas company in Italy, has signed a memorandum of understanding regarding hydrogen production in Egypt. The hydrogen deal aims to conduct a joint study including both the countries on the production of energy by cleaner and renewable fuels.

The prime focus of the hydrogen deal will be on Hydrogen production, more specifically the Blue Hydrogen, in Egypt. The study would also include the reformation of depleted natural gas fields by capturing the CO2 released in the combustion. Hence with the environment,the regeneration of Natural Gas files would affect the economy of Egypt.
Usually, these deals focus on industrial and the affairs related to the nation on a large scale, but this deal will also focus on domestic hydrogen usage. Thus, in total, the industrial hydrogen, domestic hydrogen and export options will be thoroughly analyzed, and research will be conducted on them afterward.
The thermal power plants will also be consider, as they are the prime source for carbon and CO2 emission. Eni stated that the MoU would strictly issue plans to eliminate the carbon emissions intensity by 2050 completely. It also noticed that the deal is already in line with Egypt’s energy transition plans comprising switching over hydrogen as a primary fuel.
Egyptian Natural Gas Holding (EGAS) and Egyptian Electricity Holding Co. (EEHC) signed a deal. These authorities would be working with Eni to achieve their planned goals in the field of Energy. They aim to minimize the use of traditional fuels by encouraging cleaner fuels in the industry and domestic areas.
Egas President Magdy Galal, EEHC’s Gaber El-Desouky, and Eni subsidiary IEOC manager Marco Rotond officially signed the pact.

Related articles

Clock ticks again in Egypt

In this article, you will read about the maintenance of the clock in Egypt which is going to tick again after so many years.

Amazon entry into Egypt heat up the local

On Aug 31, Egyptian Prime Minister Mustafa Madbouly introduced a logistics zone for e-commerce giant Amazon. This zone is about 28,000 square meters. Many misters and representatives of Amazon had attended the opening ceremony of...

Water treatment plant construction in Egypt

In this article you will read about the construction of water treatment plant in Egypt. And the features of it including its cost.

Factory installation in Egypt to produce Covid vaccine

In this article you will read about the installation of new factory for the production of COVID vaccine in Egypt and the equipment which it needed,

Hymen reconstruction ruling for the women

In this article you will read about the hymen reconstruction law in the Egypt and the prominent reason for the initiation of the law.

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here