Prime Minister Mostafa Madbouly said Egypt had made great strides in the green hydrogen and green ammonia production industry, citing a large number of global companies which sought to establish their own plants for producing these clean fuels in Egypt over the past couple of years.
Madbouly was speaking during a meeting on Monday with representatives of a global consortium led by John Cockerill, a mechanical engineering group headquartered in Seraing, Belgium, and specialized in producing the components of the electrolyzers used for green hydrogen production projects.
Minister of Electricity and Renewable Energy Mahmoud Esmat, Minister of Petroleum and Mineral Resources Karim Badawi, and Executive Director of the Suez Canal Economic Zone (SCZONE) Ahmed Saad attended the meeting, which took place at the Cabinet’s premises in the New Administrative Capital.
Madbouly started by welcoming the consortium representatives, which included Board Member of John Cockerill Group Jean Luc Maurange, Executive Vice President of Norway’s Scatec for the Middle East and North Africa Mohamed Amer, CEO of Rely, which is specialized in integrating cutting-edge technologies and executing innovative projects, Damien Eyriès, Vice President of Italy’s Technip for the Middle East and North Africa Francesco Cammarata, and Executive Director of the world’s largest provider of oilfield services Schlumberger for Egypt, Sudan and the East Mediterranean Sherif Bayoumi.
Madbouly voiced the government’s keen interest in cooperating with John Cockerell as well as the consortium it leads, which is currently visiting Egypt to hold discussions with the Egyptian government on establishing an industrial complex for producing electrolyzer components used for green hydrogen and green ammonia projects.
He pointed to his visit to Brussels in October 2023, when he met François Michel, CEO of John Cockerell, who revealed his company’s plan to establish an important project to manufacture electrolyzer components in Egypt.
Madbouly also applauded the government’s cooperation with the Belgian company as well as Norway’s Scatec, whose business in Egypt has attracted many international companies to entrench the local manufacturing of renewable energy projects’ components in Egypt.
Meanwhile, Maurange said his group is the world’s leading producer of Alkaline Electrolyzers, noting that the delegation’s current visit to Egypt is also intended to explore further investment opportunities.
