Ukraine war’s impact accelerated demand for green hydrogen in MENA: H2 Industries

Ukraine war’s impact accelerated demand for green hydrogen in MENA: H2 Industries

The repercussions on the global economy brought on by the war in Ukraine have accelerated the demand for green hydrogen in the Middle East and North Africa region, according to CEO of H2 Industries Inc Michael Strusch.

When asked during an interview with Al Arabiya about the hype around green and clean hydrogen in the face of the European Union’s gas crisis amid Russian sanctions, Strusch said that the company had been in talks with many countries in the MENA region before the war began but that demand for green hydrogen skyrocketed in recent months.

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“Actually, we are talking to most of the countries in the MENA region, even before the [Ukraine] war started so the demand for green hydrogen is there and it accelerated with the war, of course and the prices went up for green hydrogen,” the CEO said.

“But this will be the main development in the next years and every country, not only in the MENA region, wants to produce and export green hydrogen so that is why we are talking with more than 30 countries right now around the globe, most of them in the