Novatek, Uniper Join to Develop Hydrogen Business
29 Janeiro 2021 - 07:52AM
Dow Jones News
By Jaime Llinares Taboada
Novatek said Friday that it has signed an agreement with Germany
energy company Uniper SE to develop a hydrogen business.
Novatek, Russia's second-largest gas producer, said both
companies will develop a hydrogen production, transportation and
supply chain, which will include hydrogen supplies to Uniper's
power stations in Russia and Western Europe.
Novatek said the agreement is for producing both blue hydrogen
from natural gas, and green hydrogen from renewable energy
sources.
"Although in its infancy, the development of commercially
scalable production of low carbon hydrogen, together with our joint
cooperation with Uniper, one of the leading international energy
companies, will allow us to create a solid foundation for building
effective long-term relationships in the field of low carbon
energy," Chairman Leonid Mikhelson said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
January 29, 2021 05:37 ET (10:37 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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