Egypt and France sign €7 billion deal for green hydrogen and ammonia complex
Egypt and France have signed an agreement to build a green hydrogen and derivatives complex, including green ammonia, in Ras Shukeir. The €7 billion project will be fully financed by the private sector and developed in three phases. Once operational, the facility is expected to produce up to one million tonnes of green ammonia annually. The first phase, set to begin in 2029, will be led by EDF Renewables and Zero Waste. It will involve…