Italy, Saudi Arabia sign energy cooperation agreement, including low-carbon hydrogen, ammonia and CCS
Italy and Saudi Arabia have signed an agreement to boost energy cooperation, including for the possible supply to Europe of Saudi-made hydrogen, Italy's energy and environment minister Gilberto Pichetto Fratin said.
The memorandum of understanding, lasting five years, was signed in Riyadh as Pichetto met his Saudi counterpart Prince Abdulaziz bin Salman Al-Saud, a statement said.
It focuses on renewable energy, reducing methane emissions, power interconnections, renewable and low-emission hydrogen and ammonia, and carbon capture and storage systems, Pichetto Fratin's ministry said.
The Italian minister said his country could act as an entry point into Europe for renewable hydrogen and ammonia produced in Saudi Arabia, saying it would be "much closer, more competitive and strategic than other alternatives in the North Sea."
Related News
Related News
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
- Aramco's Jafurah gas plant (Phase 1) begins output
- U.S. natural gas prices surge 4% to 35-month high in cold snap
- LNG cool-down vessel arrives at ExxonMobil's Golden Pass plant in Texas
Comments