During a meeting with the CEO of bp, Murray Auchincloss, President Abdel Fattah El-Sisi of Egypt expressed his interest in expanding cooperation with the British company to include the development of green hydrogen production in the North African country.
President El-Sisi lauded bp‘s outstanding activities, the size and scope of its growing investments in Egypt. The President confirmed that bp’s activities are aligned with Egypt’s goal of transforming into a regional hub for energy production and trade. President El-Sisi underscored the state’s commitment to facilitating the operations of international companies and the private sector in this domain.
President El-Sisi also commended the company’s activities in the field of clean energy transition and emissions reduction, affirming a strong convergence of views on the issue of a just energy transition. The President emphasized that Egypt is committed to expanding its ongoing collaboration with the British company, particularly in the realm of green hydrogen production. This aims to empower Egypt to leverage its resources effectively for the benefit of current and future generations.