Egypt Green Hydrogen wins 397 million euro contract to export ammonia to Europe ...Egypt

The Suez Canal Economic Zone (SCZone) announced that the Egypt Green Hydrogen project in the integrated industrial zone in Ain Sokhna successfully won a contract worth 397 million euros at the H2Global auction to supply renewable ammonia to the European Union. The SCZone said that renewable ammonia supplies will be provided from Egypt at a price of one thousand euros per ton until 2033, which will be produced based on the use of green hydrogen. The H2Global pilot auction is an initiative funded by the German government. Based on this contract, quantities of renewable ammonia will be supplied starting from a potential level of 19,500 tons in 2027, possibly rising 397,000 tons by 2033. The Fer

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