PAO NOVATEK and Uniper Signs Memorandum of Understanding on Hydrogen Production and Supply
January 29, 2021 at 10:00 am
PAO NOVATEK announced that the company and Uniper signed a Memorandum of Understanding to investigate and assess the possibilities of developing a hydrogen value chain. According to the MOU, the Parties will develop an integrated hydrogen production, transportation and supply chain, including hydrogen supplies to Uniper's power stations in Russia and Western Europe. The MOU considers producing "blue" hydrogen from natural gas combined with carbon capture and storage as well as producing "green" hydrogen from renewable energy sources.