Abu Dhabi oil giant Adnoc joins Hydrogen Council

  • Date: 13-Jul-2021
  • Source: Emirates Business
  • Sector:Oil & Gas
  • Country:UAE
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Abu Dhabi oil giant Adnoc joins Hydrogen Council

Abu Dhabi National Oil Company (Adnoc), announced on Monday, that it has joined Hydrogen Council "” an international organisation that aims to accelerate the global position of hydrogen through its member companies. Hydrogen and its carrier fuels have great potential as new, low carbon fuels, which Adnoc and the UAE are well placed to capitalise upon. The council, which was launched in 2017, has already grown to include some of the world's largest, global companies, particularly in the energy and transportation sectors. According to the organisation, hydrogen is expected to account for as much as 18 percent of global energy demand by 2050, with over 30 countries having released hydrogen roadmaps and more than 228 large-scale projects underway along the value chain.

Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, said: "Energy demand continues to increase as global populations expand and economic development accelerates. With an energy transition taking place, this means that more energy is needed with fewer emissions. ADNOC is an early pioneer in the emerging market for hydrogen and its carrier fuels, such as blue ammonia, driving the UAE's leadership in creating international hydrogen value chains