Egypt And Maersk’s C2X Sign Agreement Worth Up To $3 BLN For Production Of Green Fuel

Egypt, Maersk's C2X Sign Agreement Worth Up To $3 BLN For Production Of Green Fuel - Statement

Dr. Moustafa Madbouly – Egypt’s Prime Minister witnessed the signing ceremony of the Framework Agreement between The General Authority of Suez Canal Economic Zone (SCZONE), The Sovereign Fund of Egypt (TSFE), The New & Renewable Energy Authority (NREA), The Egyptian Electricity Transmission Company (EETC), and C2X; to establish a green fuel production facility with investments of Up to $3 billion for the first phase of the project, for ships bunkering services and decarbonization.

The FWA was...

https://www.marineinsight.com/shipping-news/egypt-and-maersks-c2x-sign-agreement-worth-up-to-3-bln-for-production-of-green-fuel/

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