UAE Can Be Major Low-Cost Blue Hydrogen Producer, Adnoc CEO Says

Bloomberg Quint | Jan 19, 2021 at 1:35 PM
  • Oil and natural gas producer the United Arab Emirates aims to become one of the world’s lowest-cost producers of hydrogen, helping in the Middle Eastern state’s effort to slash polluting carbon emissions by nearly a quarter.
  • Adnoc is expanding its capacity for technologies that can prevent carbon emissions from being released into the atmosphere and that use the resulting gas for further oil production by injecting it into wells.
  • Adnoc has also earmarked billions of dollars to boost production capacity for oil and gas.