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Minister of Petroleum Commends MOPCO’s Efforts and Supports Green Transformation

Minister of Petroleum Commends MOPCO’s Efforts and Supports Green Transformation

1 day ago

As part of its commitment to supporting national industries and enhancing their role in achieving sustainable development, Misr Fertilizers Production Company (MOPCO) hosted His Excellency Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, during a visit to the company’s complex.

During the visit, the minister emphasized the important role MOPCO plays in securing the local market’s fertilizer needs, praising its efforts in implementing the highest standards of safety and environmental practices, and its shift towards green production. He also commended the global partnerships MOPCO has formed with companies such as “Scatec” and “Yara” from Norway, as part of the unique project for producing green ammonia, which has contributed to enhancing MOPCO’s position as a regional leader in the fertilizer industry. He explained that cooperation with the Ministry of Electricity to increase the use of renewable energy would contribute to reinforcing Egypt’s ambition as a regional hub for green energy, improve the efficiency of the fertilizer and petrochemical industries, and increase production and export returns, with a focus on maximizing the production capacities of petrochemical factories. He also confirmed his full support for MOPCO’s expansion plan and opening new markets for exports.

For his part, Engineer Ahmed Mahmoud, Chairman of MOPCO, reviewed the vital role the company plays in meeting 30% of the local market’s urea needs and providing 60% of ammonia, while exporting the surplus to global markets. He also highlighted the launch of the ADBlue product with a 32.5% concentration, aimed at reducing harmful emissions from diesel engines, as part of the company’s commitment to green production. He pointed out MOPCO’s commitment to environmental sustainability, having achieved 19 million safe working hours since 2018, reduced carbon emissions by about 25,000 tons annually, and improved energy consumption by 2% and water consumption by 10%. He also emphasized the company’s future plans to expand the use of solar energy to 4 megawatts by next year.

This visit marks an important turning point in MOPCO’s journey toward achieving environmental sustainability. The minister’s support encourages further investment in clean technologies and renewable energy, contributing to reinforcing Egypt’s position as an attractive destination for sustainable investments.