NOVATEK & Severstal Sign MOU on Hydrogen & Emission Reduction
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NOVATEK & Severstal Sign MOU on Hydrogen & Emission Reduction

As part of Saint-Petersburg International Economic Forum, PAO NOVATEK and PAO Severstal signed a Memorandum of Understanding on cooperation in the

As part of Saint-Petersburg International Economic Forum, PAO NOVATEK and PAO Severstal signed a Memorandum of Understanding on cooperation in the field of alternative and hydrogen energy to reduce greenhouse gas emissions. The MOU provides for the implementation of a joint pilot project to produce “blue” hydrogen from natural gas and by using technologies for carbon capture and storage. The Parties intend to jointly develop technical requirements, standards and engineering solutions for the manufacturing and supply of hydrogen transport pipelines, turbines, hydrogen storage systems and hydrogen transport tanks.

Furthermore, the Parties also agreed to cooperate in the production and supply of hydrogen, development of technological solutions for the use of fuel types based on hydrogen and its carriers, specifically ammonia.

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