Algeria In a significant move towards sustainable industrial practices, SONATRACH and TOSYALI Iron Steel Industry Algeria SPA have signed a Memorandum of Understanding (MoU) to jointly explore the production of green hydrogen in Algeria. The MoU was signed at SONATRACH’s headquarters in the presence of Mr. Rachid Hachichi, President & CEO of SONATRACH Group, and Mr. Fuat Tosyali, President of the Board of Directors of TOSYALI Iron Steel Industry Algeria SPA.
The agreement outlines a comprehensive feasibility study to produce green hydrogen utilizing renewable energy sources. The green hydrogen generated from this initiative will be utilized in the manufacturing of green steel at TOSYALI’s steel complex, a prominent leader in the steel industry.
This strategic partnership aligns with Algeria’s national hydrogen strategy, which focuses on reducing natural gas consumption and minimizing greenhouse gas emissions. The successful implementation of this project is poised to mark a significant milestone in the substitution of fossil fuels with green hydrogen within the Algerian industrial sector.
The collaboration between SONATRACH and TOSYALI marks a pivotal moment in Algeria’s journey towards a sustainable energy transition, setting a precedent for future green hydrogen projects in the region.
