Egypt's Suez Canal Economic Zone signs energy deals worth up to $14.75 bln

United Energy

17/10/2023 08:10

DUBAI, Oct 17 (Reuters) - Egypt's Suez Canal Economic
Zone has signed a deal worth $6.75 billion with China Energy for
green ammonia and green hydrogen projects to be established in
the Sokhna Industrial Zone, a cabinet statement said on Tuesday.
    It also signed deal with Hong Kong-listed United Energy
Group  0467.HK  to establish a potassium chloride production
complex with an expected investment of up to $8 billion, the
statement said.

 (Reporting by Momen Saeed Atalla, writing by Ahmed Elimam)
 ((Ahmed.Elimam@thomsonreuters.com;))