Severstal and Gazprom Neft cooperate on use of hydrogen

Joint project to explore use of methane-hydrogen blends in steel production and carbon capture

Russia’s Severstal, one of the world’s biggest integrated steel makers, and oil producer Gazprom Neft have agreed to work together on the use of hydrogen in metallurgical processes and on carbon capture and storage (CCS). The two companies will also look to develop hydrogen transportation and storage. “Technologies and projects for the capture and disposal of CO₂ and the production of hydrogen will continue to grow rapidly in the Russian Federation and globally over the next decade, and this will open up a great opportunity for us to capitalise on, and could even provide additional income for our business,” says Severstal CEO Alexander Shevelev. 11th – Severstal ranking among global st