Germany and Egypt are intensifying co-operation on the trade in liquefied natural gas (LNG) and green hydrogen.
By signing a Joint Declaration of Intent, the two countries underscore their ambitions to combat climate change and to build up a secure and affordable supply of zero-carbon, climate-friendly energy sources – working from the targets in the Paris climate accord.
Specifically, the partnership covers:
- the promotion of mutual exchange of knowledge and technological expertise, and use of German technology in the implementation and localisation of new technologies for startup projects in Egypt with a focus on technologies in green hydrogen;
- the realisation of specific projects in the context of the production, processing, use and transport of green hydrogen;
- the promotion of the establishment of a green hydrogen sector;
- the promotion of joint investment, research and implementation projects in the context of hydrogen and its processing, transport and use, and support for the implementation of such projects.
In a virtual signing ceremony, Robert Habeck, Federal Minister for Economic Affairs and Climate Action (BMWK), and Jochen Flasbarth, State Secretary in the Federal Ministry for Economic Cooperation and Development (BMZ), signed two declarations of intent with ministers from Egypt.
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