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Qatar Energy and Royal Dutch Shell have agreed to invest together in blue and green hydrogen projects in the UK.
The partnership, according to a statement released by Qatar Energy (formerly Qatar Petroleum), intends to focus efforts on important areas such as hydrogen, which promotes decarbonization solutions, particularly in industrial clusters and the transportation sector. The deal will take advantage of both companies’ capacity to deliver huge, technically demanding energy projects.
The agreement, according to Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of Qatar Energy, establishes a feasible path for low-carbon fuels and technology developments and investments. “This deal demonstrates Qatar Energy’s commitment to providing dependable access to greener energy throughout the world,” Al Kaabi added.
Royal Dutch Shell CEO Ben van Beurden has stated that hydrogen will be crucial in creating a zero-emissions economy.
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