Green Methanol
Scatec and the Suez Canal Economic Zone (SCZone) also signed a memorandum of understanding (MoU) worth $1.1 billion
Source at the New and Renewable Energy Authority told Youm7 Tuesday that Egypt's first green methanol plant to enter service in 2026 at SCzone.
Egypt Minister of Petroleum and Mineral Resources, Engineer Tarek El-Molla, received Terje Bielskog, CEO of the Norwegian company SCATEC, the leader in the field of green energy solutions.
Many MoUs with global and international firms were signed in less than a year.