00:00Egypt just signed a deal that could flip the energy world upside down.
00:04Here's what happened.
00:05Egypt inked a landmark agreement with a consortium of major European and Gulf energy players
00:11to build one of the world's largest green hydrogen hubs in the Red Sea region.
00:15The plan?
00:16Use wind and solar power in the desert coast corridor to produce hydrogen,
00:19then export it as ammonia to global markets for shipping, steel, fertilizers, and heavy industry.
00:25Why this is massive?
00:26We're watching a key fossil fuel country pivot to zero carbon fuel at Skae.
00:31That's not just an energy shift.
00:33That's a complete paradigm change.
00:34For investors, think supply chain transformation and long-term infrastructure plays.
00:40The energy transition winners are positioning themselves now.
00:42But here's what you need to watch.
00:43These megaprojects require massive capital and historically face cost overruns and delays.
00:48Plus, there's geopolitical exposure, Red Sea shipping routes,
00:51mid-lease stability, port infrastructure capacity.
00:54The key questions, will the financing hold up?
00:57Can export logistics handle smooth rollout?
01:00And how will this impact global hydrogen pricing as countries scramble to go green?
01:05Australia, North Africa, the Middle East, everyone's racing for green hydrogen dominance.
01:11Egypt just threw down the gauntlet.
01:13Keep your eyes on this space.
01:14The energy transition is accelerating and the early movers could define the next decade of global energy markets.
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