Egypt's Petroleum and Aviation Ministries Coordinate to Turn Country Into Regional SAF Hub

Egypt's Petroleum and Mineral Resources Minister Karim Badawi and Civil Aviation Minister Dr Sameh El-Hefny discussed ways to advance a sustainable aviation fuel (SAF) project currently under implementation through the Egyptian Petrochemicals Holding Company.

During the meeting held at the Petroleum Ministry's headquarters in the New Administrative Capital, the two ministers affirmed the state's strategy to position Egypt as a regional hub for this type of fuel. They agreed on the following:

• Strengthening international cooperation: Speeding up coordination with the International Civil Aviation Organization (ICAO) to ensure international certification of Egyptian-produced fuel and its compliance with CORSIA emissions-reduction standards, opening the door to new financing opportunities.
• Working mechanism: Forming an immediate joint committee to follow up on the project's timeline and resolve any obstacles.

On the operational front, Dr Tamer Heikal, head of the sustainable fuel project company, revealed that procedures were underway to sign a technology licensing agreement with global firm Honeywell UOP, secure raw materials from approved suppliers, and that the company had already succeeded in pre-arranging contracts to market part of its output internationally.

Source: Al Mal Forum