According to Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of Adnoc, the Abu Dhabi National Oil Company (Adnoc) is eager to explore the hydrogen industry with India's public and private sectors to help India's rising demand for energy and need for greener energy. Dr. Al Jaber reaffirmed the deep economic relations between the UAE and India during a High-Level Ministerial Session at a virtual Hydrogen Roundtable organized by The Energy Forum (TEF) in collaboration with the Federation of Indian Petroleum Industry (FIPI) and India's Ministry of Petroleum and Natural Gas (MoPNG).
“India and the UAE have a unique partnership that is based on strong bilateral cooperation in various fields. India is now one of our biggest and most influential trading partners, especially in the energy sector. As India's energy demand rises, we're prepared to meet it by making our entire range of products accessible to the Indian market.”
"We acknowledge that the planet, and India, need more energy while emitting fewer greenhouse gases. As we collectively negotiate the world energy transition, we assume Hydrogen holds promise as a true carbon-free fuel. Even though hydrogen is still in its evolution, it has the potential to be a game-changer and a huge opportunity to speed up the wider energy transition. Adnoc and the UAE are well-positioned to take advantage of this opportunity.” Following remarks by India's Minister of Petroleum and Natural Gas, Dharmendra Pradhan, Dr. Al Jaber said.
As part of its existing manufacturing processes, Adnoc produces about 300,000 tonnes of hydrogen per year, according to Dr. Al Jaber. He believes that, with its current infrastructure and commercial-scale Carbon Capture Utilization Storage (CCUS) capacities, it will become a major player in the rapidly growing blue hydrogen market. As the company prioritizes blue Hydrogen, Adnoc is also exploring the possibilities of green Hydrogen through the Abu Dhabi Hydrogen Alliance, which was recently created by Adnoc, Mubadala Investment Company (Mubadala), and ADQ.
“By working together, we're discovering viable foreign business opportunities and developing a plan to build a Hydrogen ecosystem that will benefit both the UAE and the rest of the world. We agree that aligning supply and demand will be critical to the future development of the hydrogen economy. This is why we're currently collaborating with investors, consumers, and other potential investors to build the value chains needed to kick-start the hydrogen market.”
The Ministry of Energy and Infrastructure of the United Arab Emirates and the Ministry of Economy, Trade, and Industry of Japan recently signed a virtual partnership deal to explore hydrogen production opportunities. The deal would broaden the scope of cooperation and increase investment in the hydrogen market, accelerating the energy transformation to a low carbon future.
The accord was reached in the presence of high-ranking officials from both sides by Suhail Al Mazrouei, Minister of Energy and Infrastructure, and Ejima Kiyoshi, State Minister of Japan's Economy, Trade, and Industry. It leads to the deepening of UAE-Japan bilateral relations and highlighting the Ministry of Energy and Infrastructure's approach to expanding the scope of strategic partnerships between both the friendly countries in terms of their search for global leadership in the field of renewable energy and improving opportunities for advancement in depending on hydrogen for a clean energy source.
The UAE's Ministry of Energy and Infrastructure lately joined the Abu Dhabi Hydrogen Alliance, which was founded by Mubadala Investment Company, Abu Dhabi National Oil Company (ADNOC), and Abu Dhabi Holding Company (ADQ) to build the UAE's position as a stable exporter of both green and blue hydrogen, which is generated utilizing natural gas and carbon capture and storage technology.
During the UAE's virtual business trip to Japan, the two countries agreed to collaborate on fuel ammonia and carbon recycling innovations. The decision came after the signing of a Memorandum of Cooperation between the Abu Dhabi National Oil Company (ADNOC) and the Japanese Ministry of Economy, Trade, and Industry, demonstrating the UAE and Japan's desire to leverage new commercially viable technologies to minimize carbon emissions. Ammonia would be used as a hydrogen carrier and a zero-emission fuel in the future, which will kick-start the hydrogen economy.
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