Cepsa and Sonatrach have signed a memorandum of understanding to collaborate on a green hydrogen production project in Algeria, focusing on the European market. The project aims to develop an integrated system for green hydrogen production and its derivatives, aligning with the companies' decarbonization goals. This partnership envisions two phases: initial feasibility studies and subsequent project development. Key components include an electrolysis hydrogen production facility, renewable energy plants, and infrastructure for methanol and/or green ammonia production. The collaboration signifies a strategic move towards sustainable energy solutions and reflects a commitment to long-term sustainability goals, leveraging renewable energy resources in Algeria. The success of the project is crucial for reducing carbon emissions and promoting renewable energy usage. Cepsa, with significant technical expertise and experience in the industry, is poised to lead this transformative initiative.