MoPMR, Siemens Energy Sign Natural Gas Efficiency MoU

SEATTLE (Oil Monster): The Egyptian Ministry of Petroleum and Mineral Resources (MoPMR) signed a Memorandum of Understanding (MoU) with Siemens Energy to enhance energy efficiency and accelerate emissions reduction.

This agreement, signed during the Egypt Energy Show (EGYPES 2026), covers preparing studies for priority projects to improve energy efficiency, such as converting gas turbines to operate under a combined-cycle system, applying combined heat and power (CHP) technologies, upgrading electrical assets, and utilizing flare gases. In addition, the cooperation covers implementing programs for human capacity building and localizing technologies for the repair and maintenance of compressors and turbines.

Signatories of the MoU included Mahmoud Nagi, Undersecretary for Safety, Environment, Energy Efficiency, and Climate and the Ministry’s official spokesperson, and Ashraf Hamasa, Managing Director of Siemens Energy Egypt.Siemens Energy is one of the world’s leading energy technology companies.

In a related note, Nagi held high-level talks with the World Bank (WB) and the European Union (EU) to expand cooperation in emissions reduction and renewable energy. Discussions with the WB focused on feasibility studies for four methane reduction projects targeting crude storage tanks, leak detection and repair (LDAR), and flare gases recovery.

The meeting addressed proposed projects that could be included in the investment plan of the Climate Investment Funds’ (CIF) industrial sector emissions reduction program. These projects include improving energy efficiency through combined heat and power (CHP) systems, as well as exploring financing for the establishment of Egypt’s first geothermal power plant.

In parallel, progress was reviewed with the EU regarding a joint energy efficiency strategy, which has already seen the training of over 290 personnel. Future renewable projects were also highlighted, including solar plants in Assiut and the General Petroleum Company (GPC), supported by the European Bank for Reconstruction and Development (EBRD).

Expanding regional technical ties, Nagi met with representatives of the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) to explore carbon capture, utilization, and storage (CCUS). This engagement led to a joint technical workshop involving experts from the Greek company, the Ministry, the Egypt Upstream Gateway (EUG), and the Gas  Regulatory Authority. The workshop established the technical and economic parameters for future cooperation and the transfer of Greek expertise in carbon storage.

Furthering the discourse on decarbonization, the Undersecretary participated in an EGYPES strategic panel titled “Taking Action to Reduce Carbon and Methane Emissions.” During the session, Nagi highlighted Egypt’s domestic achievements, including the establishment of 50 flare natural gas recovery projects. He emphasized that CCUS remains a critical pillar for maintaining Egypt’s export competitiveness as European carbon regulations continue to evolve.

 Courtesy: www.egyptoil-gas.com