{"id":549518,"date":"2022-09-20T04:00:19","date_gmt":"2022-09-20T04:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/20\/maersk-could-work-with-egypt-on-usd-15-bn-clean-fuel-project\/"},"modified":"2022-09-20T04:00:19","modified_gmt":"2022-09-20T04:00:19","slug":"maersk-could-work-with-egypt-on-usd-15-bn-clean-fuel-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/20\/maersk-could-work-with-egypt-on-usd-15-bn-clean-fuel-project\/","title":{"rendered":"Maersk could work with Egypt on USD 15 bn clean fuel project"},"content":{"rendered":"

<\/a> Egypt and Danish shipping giant Maersk could cooperate on a USD 15 bn project <\/strong>to produce clean fuel for ships<\/strong>, Ittihadiya said<\/a> yesterday following talks between President Abdel Fattah El Sisi and Maersk CEO Soren Skou. The statement said El Sisi directed the government to start working with the company to set up a national network to produce and distribute green energy and fuel for ships, providing no further details on how the two sides will cooperate. The project is set to create more than 100k jobs, according to the statement.<\/p>\n

What they said: <\/strong>Egypt could be a main hub for supplying ships with green fuel in the region, Skou said, according to the statement by Ittihadiya.<\/p>\n

REMEMBER- <\/strong>The government is aiming to position Egypt as a regional hub for green energy, with the government making moves to capitalize on investment momentum ahead of COP27. Major global companies have signed USD 18 bn<\/a> worth of preliminary agreements to establish green ammonia and hydrogen projects in Ain Sokhna this year.<\/p>\n

This is Maersk\u2019s second venture in Egypt in two months:<\/strong> Maersk signed an agreement<\/a> with the Suez Canal Economic Zone (SCZone) to invest USD 500 mn to expand the Suez Canal Container Terminal (SCCT) in East Port Said port in August.<\/p>\n

The news was picked up internationally:<\/strong> Reuters<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt and Danish shipping giant Maersk could cooperate on a USD 15 bn project to produce clean fuel for ships, Ittihadiya said yesterday following talks between President Abdel Fattah El Sisi and Maersk CEO Soren Skou. The statement said El Sisi directed the government to start working with the company to set up a national […]<\/p>\n","protected":false},"author":1,"featured_media":549519,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[2463,93,72,1130,665,2462,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-clean-fuel","tag-energy","tag-enterpriseam","tag-green-energy","tag-maersk","tag-soren-skou","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"78342613-6da4-4b0a-a63a-b823645c04d4","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/284.jpg","photo_position":"above","related_issue":[549507],"teaser":"","voice_url":""},"yoast_head":"\nMaersk could work with Egypt on USD 15 bn clean fuel project - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/20\/maersk-could-work-with-egypt-on-usd-15-bn-clean-fuel-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maersk could work with Egypt on USD 15 bn clean fuel project\" \/>\n<meta property=\"og:description\" content=\"Egypt and Danish shipping giant Maersk could cooperate on a USD 15 bn project to produce clean fuel for ships, Ittihadiya said yesterday following talks between President Abdel Fattah El Sisi and Maersk CEO Soren Skou. 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Earlier this week Maersk CEO Soren Skou held talks with President Abdel Fattah El Sisi on\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591172,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/01\/maersk-could-acquire-half-of-the-545-mw-zafarana-wind-farm\/","url_meta":{"origin":549518,"position":1},"title":"Maersk could acquire half of the 545-MW Zafarana wind farm","author":"enterpriseam admin","date":"1 August 2023","format":false,"excerpt":"Maersk has been invited to submit an official offer and enter talks","rel":"","context":"In 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