1. Perverse incentives [0] Egypt is a heavily statist country, and energy SoEs like Egyptian General Petroleum Corporation (EGPC) and their subsidiaries are al

1. Perverse incentives [0] Egypt is a heavily statist country, and energy SoEs like Egyptian General Petroleum Corporation (EGPC) and their subsidiaries are all ONG heavy. They are also a major employer in Egypt. This is the one risk that seems to never be mentioned in conversations around renewable energy - the biggest barrier to the energy transition is the job loss implications. 2. Fertilizers [1] Manufacturing fertilizers requires NatGas for ammonia (NH3) synthesis. Egypt is one of the world's largest fertilizer manufacturing hubs [2] ---------------- This is why ONG+fertlizer heavy countries like Egypt are trying to investigate the feasibility of green hydrogen [3] [0] - https://www.reuters.com/business/energy/egypt-rushes-catch-up-solar-energy-gas-prices-soar-2025-01-13/ https://www.reuters.com/business/energy/egypt-rushes-catch-u... [1] - https://www.reuters.com/business/energy/egyptian-fertilizers-companies-halt-operations-after-israeli-gas-imports-drop-2025-06-13/ https://www.reuters.com/business/energy/egyptian-fertilizers... [2] - https://m.youm7.com/story/2024/4/15/%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D8%A3%D8%B3%D9%85%D8%AF%D8%A9-%D9%82%D8%A7%D8%B7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D9%88%D8%B3%D8%B9-%D9%81%D9%8A-%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D9%86%D8%B9-%D9%8A%D8%B1%D9%81%D8%B9-%D8%A7%D9%84%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA/6544658 https://m.youm7.com/story/2024/4/15/%D8%B5%D9%86%D8%A7%D8%B9... [3] - https://www.atlanticcouncil.org/blogs/new-atlanticist/the-green-gold-rush-why-renewable-energy-is-egypts-next-big-opportunity/ https://www.atlanticcouncil.org/blogs/new-atlanticist/the-gr...