RWE and Novatek conclude hydrogen cooperation agreement

The energy company RWE has agreed on a cooperation with the Russian gas company Novatek for the trade with hydrogen. It is planned that Novatek will supply “blue” ammonia and hydrogen to RWE, the Essen-based company announced on Tuesday. The hydrogen is to be produced from natural gas by means of carbon capture and storage (CCS). RWE will then be able to supply it to its customers in Germany and the rest of Europe. The agreement in principle also provides for closer cooperation between the companies in the liquefied natural gas (LNG) business.

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