Masdar Participates In Green Hydrogen Production Research In Azerbaijan
Date
7/3/2024 12:19:50 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 3. The Masdar company
based in the United Arab Emirates (UAE) is actively involved in
research on producing green hydrogen in Azerbaijan, Murad Sadikhov,
director of Masdar Azerbaijan, told Trend .
He noted that in collaboration with Azerbaijan's Ministry of
Economy and Ministry of Energy, Masdar has been conducting research
on hydrogen production.
"Since 2022, a feasibility study for offshore wind energy and
green hydrogen production has been ongoing in Azerbaijan. The
research is still in progress, and the results are expected to be
presented within the next month or two. Following this, the
government of Azerbaijan will decide on the subsequent steps. This
work is being carried out jointly with the State Oil Company of
Azerbaijan Republic (SOCAR). Over the past two years, a substantial
database has been created," Sadikhov explained.
A study prepared by the consulting firm Advisian, with support
from the European Bank for Reconstruction and Development (EBRD),
indicates that Azerbaijan has significant potential to meet the
demand for low-carbon hydrogen. This potential is due to
established downstream ammonia and methanol markets, and extensive
natural gas distribution systems that can be converted to
hydrogen.
Hydrogen can play a crucial role in decarbonizing these
industries. With substantial renewable resources and direct access
to natural gas reserves in the Shah Deniz field, Azerbaijan is
strategically positioned to develop both green and blue hydrogen.
Additionally, the existing natural gas supply infrastructure, such
as the Southern Gas Corridor, could potentially allow for the
blending of hydrogen with natural gas for export.
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