BP's Green Hydrogen Project in Egypt to Foster Energy Transition
Key Ideas
  • BP partners with Masdar, Hassan Allam Utilities, and Infinity Power for a green hydrogen project in Egypt.
  • The project aims to produce green hydrogen and derivatives on a large scale, supporting Egypt's energy transition plans.
  • The consortium signed agreements with the Egyptian government to conduct feasibility studies, aligning with the country's goal of using green hydrogen for energy export.
  • The partnership signifies regional cooperation and access to global markets, reinforcing the commitment to clean energy and green hydrogen.
BP has partnered with renewable energy and utility companies, Masdar, Hassan Allam Utilities, and Infinity Power, to develop a green hydrogen project in Egypt. The project, led by BP, aims to produce green hydrogen and its derivatives on a large scale to support Egypt's energy transition plans. This initiative is part of a Joint Development Agreement (JDA) signed by the partners. Additionally, a Framework Agreement has been established with the Egyptian government to conduct technical and commercial feasibility studies for the project. The goal of the project aligns with Egypt's strategy to bridge the energy export gap using green hydrogen. The collaboration signifies a significant opportunity for regional cooperation and access to global markets, as highlighted by Nader Zaki, BP's Regional President for the Middle East and North Africa. The commitment to clean energy and green hydrogen is also emphasized by Abdelqader El Ramahi, Chief Green Hydrogen Officer at Masdar, reinforcing the partnership's dedication to realizing Egypt's clean energy potential.
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