Rosatom, Air Liquide and Sakhalin Region ink MoU for low carbon hydrogen cooperation

- Advertisement -

Rusatom Overseas, a subsidiary of Russian state atomic corporation Rosatom, France’s Air Liquide, a leading industrial gas producer, and the Sakhalin region government have signed a Memorandum of Understanding stipulating the cooperation for a feasibility study that will explore the possibility of the development of low carbon hydrogen production in the Sakhalin region, Rosatom said in a press release.

The MOU is a first step in fostering the development of a hydrogen economy targeting applications in both the domestic and overseas markets. This will contribute to development of the low carbon industry in the Sakhalin region.

“We are delighted to explore this energy transition opportunity in cooperation with Rusatom Overseas and the Sakhalin region,” Air Liquide General Director in Russia Marilene Turcotte said. “This cooperation for decarbonised growth contributes to the objectives of the Sakhalin region to reach carbon neutrality by 2025. This is a first step and we are ready to contribute to an efficient and sustainable industry through Air Liquide’s unique technological know-how and innovative solutions to support the energy transition ambition of the Russian Federation”.

Rusatom Overseas President Evgeny Pakermanov noted that in the future, the creation of a complex for the production of low-carbon hydrogen on the island of Sakhalin opens up opportunities for its export to the countries of the Asia-Pacific region. “We plan to receive the results of the technical and economic assessment of the project and the primary design documentation by the end of 2021, after which we will be able to make the most efficient decision on the volume of hydrogen production. It is expected that the production rate can range from 30 to 100 thousand tons per year,” he said.

Sakhalin Region Governor Valery Limarenko said his region is a unique sub-federal unit of Russia. “It is located completely on islands, has rich resource potential and successfully neighbors with the countries of the Asia-Pacific region. All this creates special conditions for business development and gives advantages for the implementation of a number of investment projects. Today, the Sakhalin Region is becoming a platform for an experiment to achieve carbon neutrality,” he said. “We plan to launch new investment projects, which, among other things, will contribute to solving this problem. We will be glad to welcome Rosatom and Air Liquide as potential investors if they decide to implement this project on the island. The Government of the Sakhalin Region is doing a lot to improve the business climate in the region. We have minimized administrative barriers: we have reduced the time for issuing building permits, registering enterprises, registering real estate objects,” he said, adding that the signed memorandum confirms the Sakhalin Region’s readiness for close and mutually beneficial cooperation.

 

- Advertisement -

Subscribe to our newsletter

Co-founder / Director of Energy & Climate Policy and Security at NE Global Media

Latest

COP29: Multilateral diplomatic stalemate circumvented

COP29 in Baku ended in the early hours of...

An Italian parliamentarian’s perspectives on COP29

On the second day of COP29 in Baku (November...

Syensqo: Transforming the hydrogen value chain

In the framework of European Hydrogen Week, Syensqo’s Head...

Don't miss

COP29: Multilateral diplomatic stalemate circumvented

COP29 in Baku ended in the early hours of...

An Italian parliamentarian’s perspectives on COP29

On the second day of COP29 in Baku (November...

Syensqo: Transforming the hydrogen value chain

In the framework of European Hydrogen Week, Syensqo’s Head...

Starvation in Sudan

Aid workers have warned that one of the worst...

COP29: Multilateral diplomatic stalemate circumvented

COP29 in Baku ended in the early hours of November 24, reaching a compromise deal on finance that will advance the global climate agenda...

Syensqo: Transforming the hydrogen value chain

In the framework of European Hydrogen Week, Syensqo’s Head of Marketing Green Hydrogen Growth Platform, Sophia Song, spoke to NE Global about the company’s...

U.S. sanctions Russian banks, finance officials and securities registrars

The U.S. announced on November 21 new sanctions targeting Russia’s largest remaining non-designated bank (Gazprombank), as well as dozens of other financial institutions and...

Azerbaijan’s space shot: Satellites tracking climate change clues

The Space Agency of Azerbaijan sees the UN’s annual climate conference (COP29) currently taking place in Baku as an opportunity to extend global collaboration...

Maia Sandu’s slim win: Moldova struggles between Europe and tradition

The results of Moldova’s recent presidential elections and referendum are final. President Maia Sandu won a re-election bid, while a referendum to cement the...

Addressing Caspian Sea shrinkage requires a collective response

Protecting the Caspian Sea is critical.  As the UN’s annual climate conference (COP29) approaches, the gradual drop of the Caspian Sea's water level is...

Allies condemn the DPRK’s deployment of troops to Russia

The G7 countries, the EU as well as Australia, South Korea, and New Zealand on November 6 expressed "grave concern" over the deployment of...

Georgia’s democratic election dream becomes a screamer

Georgia’s October 26 Parliamentary elections did not hold up as “free and fair” even under the lightest of scrutiny. Despite the presence of a...