SCZONE, Scatec ASA sign MoU on Ship Bunkering Worth $1.1 bn ...Egypt

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The Suez Canal Economic Zone (SCZONE), on Sunday 3/12/2023, signed a memorandum of Understanding (MoU) with the Norwegian company Scatec ASA on ship bunkering with green fuel in Eastport Said, with an investment cost of some 1.1 billion dollars. The MoU was signed by Chairman of SCZONE Walid Gamal al-Dein and Scatec ASA CEO Terje Pilskog, on the sidelines of the SCZONE participation in the 2023 UN Climate Change Conference (COP28) with a pavilion that highlights the potential investment opportunities of the zone for international firms, the SCZONE said in a statement. Minister of Petroleum and Mineral Resources Tarek al-Molla, Minister of International Co-operation Rania al-Mashat alongside

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