Following this agreement, a work plan will be drawn up to develop the first phase of the green hydrogen project
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CAIRO - Egypt has signed a $4 billion deal with Saudi Arabia's Acwa power company to develop a green hydrogen project, Egypt's cabinet said in a statement on Wednesday.
Following this agreement, a work plan will be drawn up to develop the first phase of the green hydrogen project, with a production capacity of up to 600,000 tons annually of green ammonia, the statement added.
(Reporting by Momen Saeed Atallah, Writing by Ahmed Elimam, editing by Andrew Heavens)
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