New Nile Co. make biofuels in Egypt
Houston-based energy project development company Energy Allied International, and pioneers in the development of Integrated Seawater Agriculture Systems (ISAS), The Seawater Foundation and Global Seawater, have executed a memorandum of understanding (MOU) to jointly develop the world’s first commercial-scale seawater-based biofuels project in Egypt – New Nile Co.
Source Biofuels Internatioonal
The chairman of The Seawater Foundation and co-chairman of Global Seawater Carl Hodges comments: ‘Energy Allied International’s expertise in developing large-scale energy projects in the Middle East and Africa, tied with The Seawater Foundation and Global Seawater’s extensive knowledge of developing and operating ISAS models, is a winning combination to ensure the success of the world’s first commercial-scale seawater-based biofuels project.’
New Nile will produce tens of millions of litres of second generation biofuels on a 50,000 hectare project site whilst utilising Egypt’s untreated seawater and its vast expanse of arid desert, as well as the country’s abundant agriculture-skilled labour.
The exact site location has not yet been decided but New Nile’s developers and its architectural firm Gensler are currently in talks with the Egyptian government with regards to possible settings, including the Mediterranean and Read Sea coastlines. Construction is expected to start early next year.
Source Biofuels International
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