Egyptian Minister of Petroleum and Mineral Resources Holds Talks with German Deputy Minister on Green Energy Cooperation
Minister of Petroleum and Mineral Resources Tarek El Molla on Monday, March 13, held a closed-door meeting with Stefan Wenzel, German Deputy Minister of Economic Affairs and Climate Action for Parliamentary Affairs, to discuss cooperation in the fields of liquefied natural gas (LNG), hydrogen and green energies, Egyptian ministry said in a statement shared by Eqypt Oil & Gas.
Wenzel is currently leading a delegation of German companies for green energies, technology, and infrastructure during his visit to Cairo.
The discussions were held in the presence of the German Ambassador to Egypt, Frank Hartmann, as well as oil sector leaders and representatives of German companies in the delegation accompanying Wenzel.
The meeting focused on steps to activate cooperation between the two countries in the aforementioned fields of natural gas, hydrogen, and green energies, in light of the memorandum of understanding (MoU) signed between the two sides last November.
El Molla highlighted the importance of the visit, noting that President Abdel Fattah El-Sisi’s visit to Germany last July focused on opening prospects for cooperation in the field of energy, adding that there are great opportunities and multiple areas for cooperation between Egypt and Germany in joint projects to invest in natural resources such as natural gas and green energies such as hydrogen.
During the meeting, El Molla noted that Egypt is in the process of announcing its national strategy for hydrogen production in the near future.
Meanwhile, Wenzel expressed his happiness to visit Egypt for the second time in a few months and to meet with El Molla again after participating in the COP27 in Sharm El Sheikh, pointing out that this summit was an important opportunity to export new hope to the peoples of the world in facing climate change. Representatives of German companies and institutions working in energy fields and projects also participated in the meeting, reviewing potentials and opportunities for cooperation with Egypt in the areas of liquefied natural gas, hydrogen, and green ammonia, stressing that Egypt has promising capabilities making it an important supplier of liquefied natural gas.