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Russia may subsidize hydrogen technologies for exports

MOSCOW, May 2 (PRIME) -- The Energy Ministry has suggested partial subsidization amounting to 2.84 billion rubles in 2023Ц2024 of hydrogen technologies development for large export projects, as seen by PRIME in a draft government ruling published on Tuesday.

The ruling creates rules for subsidization of some costs on technologies for production, transportation, and storage of hydrogen for large export-oriented projects.

Necessary budget financing will amount to 1.23 billion rubles in 2023 and to 1.61 billion rubles in 2024.

The money will be distributed by the ministry.

(80.5093 rubles Ц U.S. $1)

End

02.05.2023 19:59
 
 
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