Energy

Egypt and Toyota Tsusho Cooperate on Low-Carbon Ammonia Production

The captured carbon would be transmitted to old oil and gas fields for storage

Shabbir Khan, SME News Service

Egyptian Ministry of Petroleum and Mineral Resources is considering an initial study for the production of blue low-carbon ammonia in cooperation with Japan-based Toyota Tsusho Corporation.

The study comes after the sign of a memorandum of understanding (MoU) between Egyptian Natural Gas Holding Co (EGAS), Egyptian Petrochemicals Holding Company (ECHEM), and Toyota Tsusho.

IHC Acquires 50% Stake In Turkey's Renewable Energy Major Kalyon

The Japanese company’s delegation showcased that the study has evaluated the possibility of applying a technology to partially or fully capture carbon emissions at Misr Fertilizers Production Company (MOPCO) and Abu Qir Fertilizers and Chemicals Industries Company (ABUK).

The captured carbon would be transmitted to old oil and gas fields for storage, while converting the surplus of the grey ammonia at the two companies to blue ammonia.

In addition, the study highlighted the importance of establishing a new line at one of the two companies for the production of ammonia to be studied during the stage of the feasibility study.

Read more: Egypt Considers Cooperation With Slovenia in Renewable Energy Sector

Baidu and Uber Bring Apollo Go Autonomous Ride-Hailing to Dubai

EHRDC Launches ‘Dubai Ambition’ to Strengthen Sustainable Development Through National Talent Empowerment

MacGregor Secures Major Order for Large AHC Subsea Crane on Next-Generation Floating Wind Construction Vessel

Sobha Elwood to Deploy Breakthrough Renewable Energy Systems from Positive Zero

Grandiose and Sparklo Expand Strategic Collaboration to Advance Retail-Led Recycling in the UAE