Maersk signs MoU with Egypt on green fuel production

Maersk and Egyptian authorities have signed a partnership agreement to explore the establishment of large-scale green fuel production in Egypt. The Memorandum of Understanding (MoU) was signed on Monday in a joint bid to further accelerate the supply of green fuels and the global transformation to net-zero shipping. The parties will be conducting a feasibility

Egypt takes a move towards green path

World Bank’s data from 2015 and Fitch Solutions’ data from 2020 revealed Egypt’s renewable sources only accounted for 3.4 per cent of the country’s energy mix in 2019. A social media account called Egypt Facts and Numbers, a collaboration between United Nations Development Program and Egypt’s Ministry of Planning revealed in late December its share