Home Business Egypt to cooperate with Maersk on clean fuels for ships – presidency

Egypt to cooperate with Maersk on clean fuels for ships – presidency

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Egypt’s President Abdel Fattah al-Sisi has directed the government to cooperate with AP Moeller-Maersk to establish a network to produce and distribute green energy and clean fuels for ships, a presidency spokesperson said on Monday.

Maersk Chief Executive Soren Skou discussed with Sisi during their meeting a project to produce clean fuel for ships with investments of $15 billion, the statement added.

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There were no immediate details on the mechanism of the cooperation.

(Reporting by Moataz Mohamed; Editing by Jan Harvey)

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