• Egypt plans to capture 8% of the global green-hydrogen market with 10 million tons of annual output.

• Cairo signed over $83 billion in green hydrogen and ammonia MoUs at COP27.

• The Suez Canal will anchor future hydrogen supply chains, according to the government.

Egypt is leveraging abundant renewable resources and a strategic location linking three major regions as it accelerates plans to position itself as a global green-hydrogen hub and attract foreign capital.

Petroleum and Mineral Resources Minister Karim Badawi delivered the opening ministerial address at the fourth Oman Green Hydrogen Summit in Muscat, held from Dec. 1 to Dec. 3 by the Omani Ministry of Energy and Minerals in partnership with Hydrogen Oman.

Badawi said Egypt is preparing incentives to attract investment into the hydrogen sector. He stated that the government aims to secure 8% of the global market and produce about 10 million tons of green hydrogen annually over the coming decades. He also highlighted Egypt’s geographic advantages, noting its position between the Middle East, Africa, and Europe and its power-grid interconnections with Greece and Saudi Arabia. He described the Suez Canal as a core pillar of future hydrogen supply chains.

Egypt has embedded its hydrogen ambitions in a long-term strategy designed to build a competitive export industry. Authorities strengthened this orientation during COP27 in Sharm el-Sheikh, where they signed memorandums of understanding worth more than $83 billion with international energy companies to develop nine green-hydrogen and green-ammonia projects. Egypt also aims to raise renewable energy’s share to 42% by 2030.

However, the government faces external constraints. The success of the hydrogen push will depend on long-term investment flows, market structures, and the emergence of stable international demand.

This article was initially published in French by Abdoullah Diop

Adapted in English by Ange Jason Quenum