Tarek El-Molla, Minister of Petroleum and Mineral Resources, has participated in the first meeting of the Higher Organizing Committee for cooperation between Egypt and Germany in the fields of energy and hydrogen, in cooperation with the German-Arab Chamber of Commerce and Industry.
The meeting was attended by Stefan Wenzel, Deputy Minister of Economic Affairs and Climate Action of the Federal Republic of Germany for Parliamentary Affairs; Rania Al-Mashat, Minister of International Cooperation; Mahmoud Esmat, Minister of Public Enterprises Sector; and Ahmed Mahina, Senior Undersecretary of the Ministry of Electricity and Renewable Energy for Strategic Planning and International Cooperation.
In his speech, El-Molla explained that Egypt and Germany attach importance to concluding partnerships and agreements in the field of energy, in particular at the present time, through cooperation with major German companies, as energy issues, especially energy transition and carbon removal, come at the priorities of the two countries’ agenda. He praised the depth and strength of bilateral relations between them celebrated last October, marking the 70th anniversary of the establishment of diplomatic relations.
He added that the great momentum witnessed by the ongoing cooperation in the field of green energy between Egypt and Germany reflects the mutual coordination and common viewpoints between the two countries in this field. El-Molla also indicated that the declaration of intent signed by the Egyptian and German sides in the field of green hydrogen last November facilitates the exchange of experiences and benefits of the latest German technologies to apply, develop and establish projects in the field of green hydrogen.
El Molla announced that the National Strategy for Energy or the Hydrogen Strategy is in the final stages, in preparation for their announcement soon. The Ministry of Petroleum and Mineral Resources, in cooperation with the Ministry of Electricity and Renewable Energy, has finished working on them.
El-Molla explained that the Egyptian government aims to keep pace with global developments in the field of sustainability and energy to provide an opportunity to attract more investments and provide incentives for companies wishing to invest in green hydrogen production projects.
He pointed out that these efforts achieve the goals of the National Strategy for Climate Change 2050, which Egypt launched with the aim of improving the quality of life, achieving sustainable development, and economic growth in parallel with preserving natural resources and the ecosystem.
For his part, Stefan Wenzel, German Deputy Minister of Economic Affairs and Climate Action, explained that global changes and challenges and their repercussions in the field of energy opened new horizons for cooperation between countries, and also laid the foundation for the beginning of a new phase of cooperation between Germany and Egypt in the field of energy and energy transition.
He also pointed out that Germany is open to expanding and strengthening its international partnerships and cooperation with Egypt in the fields of energy and hydrogen, praising Egypt’s experience in the energy sector.
Ellen von Zitzewitz, Deputy Sector Director at the German Ministry of Economic Affairs and Climate Action, gave a presentation on the German national strategy for hydrogen, during which she affirmed that her country believes that Egypt is the gateway to Africa and the eastern Mediterranean region. She believes in the importance of cooperation and partnership to achieve common goals.
For her part, Stephanie Sorensen, Deputy Head of the Cooperation and Development Sector at the German Embassy in Cairo, indicated that Egypt is one of Germany’s largest partner countries, especially in the field of energy, and that Germany supports Egypt’s efforts in hydrogen and emissions reduction and is ready to provide advanced technologies and other means to support these efforts. Sorensen added that preparations are underway to form work teams from both sides to develop the project
© 2022 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).