Egypt has adjusted its renewable energy target for 2040 from 58% to 40%, highlighting the continued importance of natural gas in the country's energy mix. The Minister of Petroleum and Mineral Resources emphasized the significance of natural gas at a recent conference in Alexandria, where a roadmap was outlined to reach the new target using solar, wind, and geothermal energy. Despite this, Egypt is also focusing on becoming a regional trade hub for oil and LNG, alongside its ambition to be a global green hydrogen center. Dr. Ahmed Mohina revealed Egypt's progress in green hydrogen at an international energy event, showcasing the country's efforts to lead in sustainable energy production. With plans to export green fuel to Europe and develop the Suez Canal Economic Zone as a green hydrogen hub, Egypt aims to capitalize on its renewable resources and maritime trade expertise. Furthermore, significant land allocations have been made for energy projects across Egypt, including the construction of power stations and renewable energy facilities. The United Nations Industrial Development Organisation (UNIDO) has launched multiple renewable energy projects in Egypt to promote green initiatives and attract foreign investments. Overall, Egypt's energy strategy involves a balancing act between natural gas and green hydrogen ambitions, with a positive sentiment towards the country's efforts to advance in both sectors and position itself as a key player in the global energy market.