USTDA Partners with EGPC to Reduce Methane Emissions in Egypt’s Petroleum Sector

The U.S. Trade and Development Agency (USTDA) has announced a significant partnership with the Egyptian General Petroleum Corporation (EGPC) to tackle methane emissions in Egypt’s oil and gas industry. The collaboration, funded through a USTDA technical assistance grant, aims to deploy advanced U.S. technologies to identify and reduce methane emissions, enhance air quality, and bolster public health in Egypt.

USTDA’s technical assistance will focus on identifying the primary sources of methane emissions in Egypt’s petroleum sector and connecting EGPC with leading U.S. suppliers of innovative emission-reduction technologies. The project will culminate in the development of a comprehensive roadmap for reducing methane emissions across the sector, promoting sustainable practices and economic growth.

“This partnership with EGPC will catalyze the deployment of technologies to reduce methane emissions while monetizing an otherwise wasted resource,” said USTDA Director Enoh T. Ebong. “U.S. industry is a global leader in this field, and USTDA is proud to support Egypt’s ambitions while opening doors for U.S. solutions.”

EGPC has selected Colorado-based IHS Global Inc., a subsidiary of S&P Global Inc., to lead the technical assistance initiative. The project will evaluate candidate sites for methane emissions reduction, propose tenders, and assess strategies to monetize methane abatement. As methane reduction is among the most cost-effective ways to combat climate change, this partnership emphasizes U.S. leadership in innovative technologies and Egypt’s commitment to environmental sustainability.

“We are delighted to sign this grant today, which will help develop a roadmap to reduce emissions in Egypt’s petroleum sector,” said Egyptian Minister of Petroleum and Mineral Resources Karim Badawi. “We value our partnership with USTDA and look forward to continuing our work on emissions reduction and Egypt’s green energy transition.”

The initiative is a cornerstone of U.S.-Egypt collaboration, fostering economic growth and creating job opportunities in both countries. “USTDA grants like this one develop sustainable infrastructure, promote two-way trade, and create jobs for Americans and Egyptians,” said U.S. Ambassador to Egypt Herro Mustafa Garg.

Ambassador Carlos Pascual of S&P Global, representing IHS Global, highlighted the significance of the project: “This assistance will support Egypt’s leadership in launching a systematic program to address methane emissions in the petroleum sector. We thank USTDA for its commitment and look forward to helping EGPC reduce emissions and enhance energy security in Egypt.”

This collaboration aligns with Egypt’s commitments under the Global Methane Pledge to reduce methane emissions by 30% from 2020 levels by 2030. It also supports U.S. priorities like the Partnership for Global Infrastructure and Investment and USTDA’s Global Partnership for Climate-Smart Infrastructure, which promote U.S. technologies in overseas energy projects.

By advancing the use of climate-smart technologies in Egypt’s energy sector, this initiative exemplifies the shared commitment of the U.S. and Egypt to sustainable development and environmental stewardship. The partnership marks a significant step forward in global efforts to reduce methane emissions and combat climate change.