- Both companies will produce and export green hydrogen from Ain Soukhna.
The government of Egypt has authorised two international companies – French EDF Renouvelables and the Emirati Amea Power to produce and export green hydrogen and ammonia from the port of Ain Soukhna in the Gulf of Suez.
As part of the plan validated by the Egyptian authorities, EDF Renewables plans to invest in setting up facilities capable of producing 350,000 tonnes of hydrogen and green ammonia per year. The project will be implemented in two phases. The first phase will have a capacity of 140,000 tonnes per year. Construction of the plants will start in 2024. The first tonnes of hydrogen and green ammonia will be exported by ships to the international market in 2026.
For its part, Amea Power wants to produce green ammonia through a plant in the port city of Ain Soukhna. The facility, which is scheduled to be commissioned in 2026, will have a capacity of 240,000 tonnes per year in the first phase. The second phase of the project will increase the capacity of the hydrogen and green ammonia plant to 390,000 tonnes per year.
According to the Egyptian authorities, EDF Renewables and Amea Power plan to invest no less than $3 billion. By investing in the production of green ammonia, the Emirati Company Amea Power is diversifying its activities in Africa.