Russia seeks to become a hydrogen exporter
Russia plans in the future to become a supplier of hydrogen and will also export technology related to hydrogen production, Russian Energy Minister Alexander Novak said in an interview.

“All this has been quite expensive so far, but we believe that just like with the renewable energy

sources, prices will go down over time, which will determine the pace of hydrogen adoption,” Novak

told the British daily The Guardian.

“To put it briefly, we can produce hydrogen and use it, as well as deliver it to consumers. We can also

export the hydrogen production technologies.”

At the same time, Russia had no intention of reducing hydrocarbon production, Novak said. It would

place its emphasis on gas as, according to ministry estimates, consumption of gas would rise in the near

future, notwithstanding plans by European countries to reduce their carbon footprint.

To achieve this, the minister said, Russia had to develop technology on carbon dioxide capture.

“I believe natural gas to be an eco-friendly energy source,” Novak told the daily. “We believe that the

share of natural gas in the global energy mix will only increase. We believe this to apply not only to

Europe, but globally too.”

Novak said that by 2035 Russia could boost annual gas production to 1 trillion cubic metres. At the

same time, he said, exports of LNG would also grow more than fourfold – to 120-140 million tonnes a

year from current levels of 29 million tonnes. Shipments of gas by pipeline would also remain at high



Share on facebook
Share on telegram
Share on email
Share on twitter
Share on vk
Share on odnoklassniki
Share on reddit

Add comments

Your email address will not be published. Required fields are marked *

Egypt to build the largest wind farm in the Middle East

A consortium of investors headed by Saudi power generation company ACWA Power has signed an agreement with the Egyptian government on development of a 1.1 GW wind farm project to be located on the Suez Canal coast. A $1.5 billion complex is to be commissioned by the end of 2026 with the participation of Egyptian engineering and construction company Hassan Allam Holding.

read more ...

Novak: the climate change agenda requires planned and progressive steps not doing any harm to global energy security

Plans to achieve carbon neutrality, reduce CO2 emissions and ensure sustainable development will remain relevant in the medium and long term, this is the opinion of Alexander Novak, Deputy Prime Minister of the Russian Federation, expressed in his answer to the question asked by Sergey Brilev, the President of the Global Energy Association at the SPIEF session The 2022 Global Energy Balance Challenges.

read more ...


November 2020