CAIRO - 15 May 2024: The Ministry of Petroleum is spearheading the rebuilding and refurbishment of Ras Ghareb Vocational School in the Red Sea Governorate. This initiative will establish it as Egypt's first green school, meeting international sustainability standards.
The petroleum sector in Egypt is significantly expanding its community development projects to achieve comprehensive sustainability—economically, socially, and environmentally. The sector continues to contribute to educational improvement and green projects, promoting sustainable economic development through enhanced investments and international partnerships.
Key Green Projects by the Petroleum Sector
Wood Technology Project: The petroleum sector is completing the execution and trial operations of the Wood Technology Company project. This project aims to produce 205,000 cubic meters of Medium Density Fiberboard (MDF) annually, utilizing 250,000 tons of rice straw.
Bioethanol Production Project: The sector is also implementing a bioethanol production project, which will use molasses produced by Egyptian sugar companies to generate 100,000 tons of bioethanol annually. This initiative will help reduce carbon dioxide emissions.
Damietta Green Ammonia Project: The newly established Damietta Green Ammonia Company will build a solar power plant with a capacity of 140 MW, a wind power plant with a capacity of 340 MW, and a green hydrogen electrolyzer with a capacity of 210 MW. This infrastructure aims to produce 150,000 tons of green ammonia annually.
Aligning with Global Climate Goals
To address the global climate crisis and adhere to international carbon emission reduction commitments, the Egyptian Petrochemicals Holding Company is developing a sustainable aviation fuel (SAF) project.
This project will produce SAF by hydrotreating used cooking oil, aligning with international regulations that mandate a 2% blend of SAF with conventional aviation fuel.
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