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Maersk, Egyptian authorities sign partnership agreement to explore large-scale green fuel production in Egypt

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In the presence of the Egyptian Prime Minister, a Memorandum of Understanding (MoU) was signed on Monday in a joint bid to further accelerate the supply of green fuels and the global transformation to net-zero shipping. —Ayman Soliman, CEO of The Sovereign Fund of Egypt.

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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 New LNG export capacity, primarily in the US, and rising global demand for natural gas drove continued growth in global LNG trade last year. Global LNG export capacity has increased by 29%, or 14.0

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Study confirms €1T green hydrogen potential for Africa

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The analysis highlights the benefits of harnessing solar power to create green hydrogen in four African hubs: Mauritania, Morocco, southern Africa and Egypt. Large scale green hydrogen investment will transform supply of clean water in areas regularly impacted by drought and chronic water shortages and will help empower communities.

Africa 481
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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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With abundant renewable energy sources (RES) and natural gas reserves, the Gulf region is set to become a leading global producer of green and blue hydrogen, ammonia and other synthesis products. Route from Gulf to EU border could run 3,400 km from Qatar to Greece via Yanbu, Neom, Gulf of Aqaba, Port Said area. kg in the longer term.

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T&E: Europe burns 19 million bottles of sunflower and rapeseed oil every day in cars

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Ukraine accounts for 40% of the global sunflower oil exports and is also Europe’s largest supplier of rapeseed oil. Russia’s blockade of Ukrainian food exports is putting considerable pressure on supplies and, in turn, prices which are up to two and half times higher than previous years. —Maik Marahrens.

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GECF: more than a quarter of 2050 natural gas supply untapped

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According to the latest available figures from the GECF Global Gas Outlook 2050, natural gas production in the Central Asian Republic is set to increase by 78% to reach the level of more than 141 billion cubic metres (bcm) by 2050, at a remarkable annual growth rate of 1.9%.

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BNEF: cost of new renewables rises as inflation starts to bite

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The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.

Cost Of 210