Egypt inked a framework agreement with an alliance that includes TotalEnergies and Enara Capital to build a green ammonia plant in the Suez Canal Economic Zone (SCZone). The facility will initially produce 300k tons of ammonia as a pilot phase. State institutions on board: the Sovereign Fund of Egypt (SFE), the SCZone, the Egyptian Electricity Transmission Company (EETC), and the New and Renewable Energy Authority (NREA).
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