Novatek, RWE to mull ammonia, hydrogen shipments from Obsky GCC - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Novatek, RWE to mull ammonia, hydrogen shipments from Obsky GCC

MOSCOW, Dec 7 (PRIME) -- Russian gas producer Novatek and Germany's RWE have signed a memorandum to consider supplies of blue ammonia and hydrogen from the Obsky Gas Chemical Complex (GCC) planned to be built on the Yamal Peninsula, RWE said in a statement Tuesday.

"The memorandum of understanding envisages the supply of low-carbon ammonia and hydrogen by Novatek to RWE. Novatek, the largest independent producer of natural gas in Russia, is conducting a pre-FEED (Front End Engineering Design) study for blue ammonia and hydrogen production in the Yamal region, which will include carbon capture and storage (CCS) facilities,” the statement read.

“The fuel is to be produced at Novatek’s planned Obskiy Gas Chemical Complex project and will be delivered to RWE and its customers in Germany and other European markets."

The companies also agreed to extend cooperation in supplies of liquefied natural gas (LNG), including a low- and zero carbon footprint.

End %%mk/jst%%

07.12.2021 10:50
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.3062 -0.1668 08 may
USD 91.1231 -0.1893 08 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3427.61 -0.25 18:51 07 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.64 0.00 23:50 07 may
lkoh 7726.50 -3.74 19:04 07 may
rosn 580.05 +0.17 19:04 07 may
sber 308.39 +0.78 19:04 07 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.2825 +0.1800 14:59 07 may
USDTD 91.2725 +0.0775 17:44 07 may