Loading...
Loading...
UAE, Russia to bolster hydrogen prospects with new agreement

UAE, Russia to bolster hydrogen prospects with new agreement

The United Arab Emirates (UAE) and Russia will bolster industrial collaboration in the field of hydrogen fuel technology to boost domestic decarbonisation with the signing of a memorandum of understanding (MoU).

As reported by the Emirates News Agency, the MoU will see the two nations explore sustainable and reduce energy sources through hydrogen including its production, storage and transportation.

Read more: UAE: Energy giants reveal green hydrogen joint venture with 30GW of renewable energy capacity target by 2030
Read more:
UAE’s Hydrogen Leadership Roadmap targets 25% of the global hydrogen market by 2030

Signed between the UAE Ministry of Industry and Advanced Technology and Russian Ministry of Industry and Trade, the agreement could prove to have a significant impact on the global hydrogen value chain with two economic powerhouses working together.

The UAE in particular has made significant developments in domestic hydrogen production with the region reaching 300,000 tonnes annually through ADNOC’s downstream facilities.

This is part of a wider aim for the UAE to establish itself as a hydrogen powerhouse and key international player in the energy transition.

Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, said, “The MoU aligns with the strategic vision of our leadership – to build new and reinforce existing international collaborations in support of sustainable development.

“Working with the Ministry of Industry and Trade in Russia on hydrogen fuel complements our nations’ longstanding relationship and reflects new directives to find clean and sustainable energy sources, especially as the global economy begins to recover from the repercussions of COVID-19.

“This collaboration reinforces the strong partnership that exists between the UAE and the Russian Federation, especially the bilateral investments focused on priority sectors such as industry, information technology, infrastructure, petrochemicals, and energy, all of which are cornerstones to hydrogen fuel.

“Recognising the world’s need for low-emission energy sources, hydrogen will create a substantial shift in the future of energy and industry.”

Denis Manturov, Russian Minister of Industry and Trade, said, “Mutual striving to strengthen trade and economic relations makes it possible to develop joint industrial projects, including in hydrogen energy.

“A significant potential for cooperation between Russia and the UAE can be revealed in multi-vector cooperation in the design and production of equipment for liquefaction, storage and transportation of hydrogen, as well as in the development of international and harmonisation of national standards in this area.

“This approach is also reflected in the Memorandum signed today.

“Taking into account the global importance of searching for low-carbon, but energy-intensive and universal technological solutions, we have also presented to our colleagues from the United Arab Emirates the Atlas of Russian projects on low-carbon and carbon-free hydrogen and ammonia, which already has 41 projects throughout Russia.”

You can find the original article here.

Did you know H2 View is the only media publication to be recognised as an official partner of the Hydrogen Council?

This means we get exclusive columns, interviews and studies that you won’t find anywhere else. Along with our featured webinars and events, H2 View is the go to global platform for the hydrogen industry.

Become a subscriber today to make sure you don’t miss out. Already a subscriber? Log in here.


About the author
Related Posts
Loading...
Loading feed...
Please wait...