On 14th Sep.2021, Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, witnessed with Kenichiro Matsubayashi, Deputy Chief of Mission of Embassy of Japan in Cairo, signing a Memorandum of Understanding to discuss blue ammonia production between the Egyptian Natural Gas Holding company "EGAS" and the Egyptian Petrochemicals Holding company "Echem" with the Japanese Corporation Toyota Tsusho.
According to the agreement, feasibility studies will be conducted to decide the best opportunities in the Petroleum Sector to execute carbon dioxide extraction and storage projects to produce blue ammonia through the latest Japanese technologies. The study will be ready in 6 months to start implementing the best of these projects, commercially, and environmentally as well.
An MoU with Toyota, the Japanese Corp. Discussing Blue Ammonia Production Opportunities in Egypt 2