NOVATEK and PAO Severstal have joined forces to decarbonise the Russian metal trade with hydrogen and carbon seize applied sciences.
The 2 firms signed a Memorandum of Understanding (MoU) on Friday (June 4), by way of which they may look to develop a joint pilot challenge to supply blue hydrogen from pure gasoline.
Beneath such settlement, the events intend to collectively develop technical necessities, requirements and engineering options for the manufacturing and provide of hydrogen transport pipelines, generators, hydrogen storage programs and hydrogen transport tanks.
Commenting on the collaboration, Leonid Mikhelson, NOVATEK’s Chairman of the Administration Board, stated, “Metal producers are one of many largest industrial customers of pure gasoline, and decreasing greenhouse gasoline emissions is a brand new potential space for our mutually helpful cooperation.
“The usage of carbon seize and storage applied sciences, in addition to a hydrogen gasoline mix will cut back our joint carbon footprint and enhance the competitiveness of merchandise manufactured by the Russian metal trade,” he added.