Selling Germany hydrogen a big opportunity for Egypt, the world: Scholz
BERLIN: Germany and Egypt have agreed to cooperate on building out the hydrogen economy as part of Europe’s efforts to diversify away from its current dependence on Russian gas, German Chancellor Olaf Scholz said after meeting with the Egyptian President.
“For the transformation of industry in countries like Germany, electricity and hydrogen will be crucial,” Scholz said at a news conference with Abdel Fattah El-Sisi. “Much of that hydrogen will be imported,” he added, describing Germany’s need for gas imports as a “very big opportunity” for other countries.
![German Chancellor Olaf Scholz (R) shakes hands with Egypt’s President Abdel Fattah El-Sisi at the end of a joint press conference at the Chancellery in Berlin on July 18, 2022. (AFP)](https://www.arabnews.com/sites/default/files/2022/07/18/3341501-677944875.jpg)
![German Chancellor Olaf Scholz and President of Egypt Abdel Fattah El-Sisi attend the Petersberg Climate Dialogue in Berlin, Germany July 18, 2022. (Reuters)](https://www.arabnews.com/sites/default/files/2022/07/18/3341496-2052180847.jpg)
![German Chancellor Olaf Scholz (R) arrives together with Egypt’s President Abdel Fattah El-Sisi for a press conference at the Chancellery in Berlin on July 18, 2022. (AFP)](https://www.arabnews.com/sites/default/files/2022/07/18/3341506-107887339.jpg)