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ADNOC is keen to explore H2 market potential in India

The Abu Dhabi National Oil Company (ADNOC) is keen to explore the hydrogen market with India’s public and private sectors to support India’s growing demand for energy and need for cleaner fuels according to Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC.

Speaking during a high-level ministerial session at a virtual Hydrogen Roundtable organized by The Energy Forum (TEF) in collaboration with the Federation of Indian Petroleum Industry (FIPI) and India’s Ministry of Petroleum and Natural Gas (MoPNG), Al Jaber reinforced the strong economic ties between the United Arab Emirates (UAE) and India.

"India and the UAE enjoy a very special relationship that is underpinned by deep-rooted bilateral ties across multiple sectors," said Al Jaber. "Today, India is one of our biggest and most important trading partners, particularly in the field of energy. And as India’s demand for energy grows, we stand ready to help meet that demand by making the full portfolio of our products available to the Indian market."

Al Jaber also noted that ADNOC currently produces about 300,000 t of hydrogen a year as part of its current industrial processes. He expressed optimism that alongside the company’s existing infrastructure and commercial-scale Carbon Capture Utilization Storage (CCUS) capabilities, it can become a major player in the developing blue hydrogen market.

ADNOC is also exploring the potential of green Hydrogen through the Abu Dhabi Hydrogen Alliance which was recently established by ADNOC, Mubadala Investment Company (Mubadala) and ADQ, Al Jaber said, as the company prioritizes blue hydrogen.