Egypt, Germany to Boost Cooperation in LNG, Green Hydrogen, Clean Energy

President Abdel Fattah El-Sisi has met Germany’s Chancellor Olaf Scholz to discuss boosting bilateral cooperation, especially in liquefied natural gas (LNG), green hydrogen and clean energy.

During the meeting, Scholz expressed his appreciation for the robust connection between the two countries, especially during the past few years and their economic and commercial cooperation.

For his part, El-Sisi asserted Egypt’s desire to strengthen bilateral relations with Germany and its investments in Egypt during the upcoming period.

In addition, the meeting tackled ways of cooperation in the light of Egypt’s hosting of the COP27 summit, showcasing the main topics that will be discussed during the summit.

The two parties also discussed means of coordinating the efforts with Egypt as a leading partner for the European Union (EU) in many regional and international topics of mutual interest.

President Abdel Fattah El-Sisi participated in a round table in Berlin with representatives of the business community and heads of major German industrial companies, with the participation of a number of senior German officials, and in the presence of the ministers of petroleum and mineral resources, foreign affairs, electricity and renewable energy, planning and economic development, and transportation, commerce and industry.

The president stressed Egypt’s keenness during the coming period to continue developing economic and commercial cooperation relations with the business community. This is in addition to developing joint investments to contribute to supporting the economic development process in Egypt, like the successful models in this regard between Egypt and many large German companies.

El-Sisi also praised the positive developments witnessed in the economic and trade relations between the two countries during the past few years. He further explained the various investment opportunities that mega projects  in Egypt have to offer,  such as the Suez Canal Economic Zone which includes a number of major industrial and logistical zones.