Egypt’s Ministry of Petroleum and Mineral Resources signed a Memorandum of Understanding (MoU) with Greece’s Ministry of Environment and Energy to collaborate on carbon capture, storage, and utilization (CCUS), during the Egypt International Energy Conference (EGYPES 2025).

This initiative aims to reduce carbon emissions from the energy sector and support the transition to a low-carbon economy.

The MoU was signed by Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, and Theodoros Skylakakis, Greece’s Minister of Environment and Energy.

The agreement aims to facilitate knowledge exchange between Egypt and Greece on carbon capture and storage (CCS) technologies.

The collaboration will focus on developing regulatory frameworks for carbon capture, storage, and utilization, ensuring compliance with environmental standards and legislation.

Egypt will also benefit from Greece’s expertise in structuring its regulatory framework for CCS.

Additionally, the MoU includes the development of economic models for carbon capture applications, feasibility studies, and exploration of potential CO₂ utilization in industrial applications to support the shift toward a sustainable economy.

The ministers also discussed practical steps for CO₂ storage cooperation under the MoU. Badawi emphasized the importance of an integrated approach in collaboration with Egypt’s Ministry of Environment, noting that partnerships with Greece in this field will unlock new opportunities for regional cooperation.