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

ECMWF to Showcase Latest Advances in AI-based Climate Models at COP31, Antalya

In the Gulf, Sustainable Innovation Starts with Adaptation

Qatar Accelerates Circular Economy Drive with New Recycling Investments and Waste-to-Energy Projects

Dubai Airports Publishes First ESG Impact Report

How ESG Reporting Can Help Multi-Sector Family Businesses Scale