Qatar and South Korea sign hydrogen agreement
Agreement will involve cooperation on technology development and expansion of supply chains
State oil and gas firm QatarEnergy and South Korea’s Hydrogen Convergence Alliance have signed an agreement to cooperate on expanding hydrogen supply chains. The agreement is intended to provide a framework for the development of the sector in both countries and will involve cooperation on technology development. The Hydrogen Convergence Alliance (H2Korea) is a public-private partnership established by the Korean government in 2017 to promote and develop the hydrogen industry in the country. QatarEnergy—formerly known as Qatar Petroleum—signed an agreement with Shell earlier this month to work together on blue and green hydrogen projects in the UK. Both Saudi Arabia and the UAE are aggress
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges