Egypt signs 16 MoU during EGYPS 2023's final day
Egypt’s Petroleum and Mineral Resources Minister Tarek el Molla witnessed on Wednesday the signing of 16 memoranda of understanding and cooperation agreements between the petroleum sector and a number of international companies.
The deals were made within the framework of expanding partnerships, providing new opportunities to the Egyptian petroleum sector companies, supporting digital transformation activities, realizing environmental sustainability and cutting carbon emissions.
This came at the final day of the Egyptian Petroleum Show (EGYPS 2023).
Waste management to convert it into sustainable jet fuel
The Egyptian Natural Gas Holding Company (EGAS) and Shell signed a memorandum of understanding (MoU) to assess the management of waste to convert it into sustainable jet fuel.
The MoU aims to assess the available quantities of agricultural residues resulting from marine and solid activities, carbon dioxide from some industries, and low-carbon hydrogen in order to convert them into low-carbon fuels and sustainable biofuels.
The infrastructure, technology and pathways available for the production of sustainable biofuels for aviation will be assessed.