Can Sisi create an energy hub in the eastern Mediterranean?

The frailty of President Abdel Fattah el-Sisi’s economic model has been exposed in the aftermath of Russia’s invasion of Ukraine and the country’s status as a long-term gas exporter remains unclear. To deal with this, Sisi has incentivised the development of renewable power and positioned Egypt to be a major Eastern Mediterranean energy hub.

The concept includes the import, exploitation and re-export of Cypriot and Israeli gas, plus the generation and export of green energy as electricity, GH2, green ammonia (GHN₃) and other value-added products.

Regional leader Egypt needs green hydrogen to work

Issue 513 - 29 September 2024

Egypt has the most prospective portfolio of green hydrogen development prospects anywhere in Africa. The multi-billion-dollar projects for which major global investors have signed framework agreements could be a lifeline for the heavily indebted country but will take years to come to fruition. However, two much smaller projects developed by...

Can Sisi create an energy hub in the eastern Mediterranean?

Regional leader Egypt needs green hydrogen to work

BP joins forces with Masdar and local partners for Egyptian green hydrogen scheme

Sisi replaces petroleum and electricity ministers after a year of Egyptian power cuts

Egypt plans phased approach to wind giga-projects

Sohag land agreements progress Egypt’s giga-scale wind ambitions

Egyptian officials draw up green hydrogen incentives

Beset by crises, Egypt’s Sisi doubles down on green hydrogen hopes

Eni and Energean expect results of offshore Egypt well in March

Egypt-UK links stretches credibility

Egypt invites majors to commit more capital to its upstream oil and gas vision

Egypt secures further backing for energy transition, despite shaky economic picture

Power cuts point to failures in Egypt’s energy strategy

ExxonMobil commits to Egypt's deep offshore blocks

Scatec and Acwa secure land for giga-scale Egyptian wind projects

Undeterred by crisis, Cairo advances energy schemes

Egypt wind privatisation lifts off with Actis’ Gulf of Suez bid

Egypt: Sponsors warn of default risk on Benban debt unless Cairo provides access to dollars

Egypt hydrocarbons map illustrates oil and gas licences

Egypt gas flaring map illustrates emissions issue and lost revenue opportunity

Egypt’s hydrogen and renewables ambitions – November 2022

Oil and gas in the eastern Mediterranean

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