The facility, being developed by France’s EDF and UAE-based Zero Waste, will largely provide ammonia fuel for ships traversing the Suez Canal
The Egyptian government has signed a “co-operation agreement” with French utility EDF and UAE-based Zero Waste for a €7bn green hydrogen project near the Gulf of Suez that would produce more than one million tons of green ammonia annually, largely for use as a shipping fuel.
The consortium will build its own wind- and solar-power facilities across 420sq km hear Ras Shukeir, a small town with its own oil & gas facility and airport about 260km from the Suez Canal.
According to the Egyptian government, ‘’the project company will finance and develop a 400-metre-long and 17-metre-deep shipping dock for the Red Sea Ports authority, equipping it with all necessary facilities. The company will also establish its own seawater desalination unit to supply all phases of the project”.
