Qatar Energy and Royal Dutch Shell have signed an agreement to jointly invest in blue and green hydrogen projects in the United Kingdom.
This cooperation aims to direct efforts towards integrated and scalable opportunities in key sectors where hydrogen can support carbon removal solutions, especially in industrial clusters and in the transport sector, with attention to the Greater (London) region, and this cooperation will exploit the ability of the two parties to provide large energy projects. and technically complex.
The agreement was signed on the sidelines of the World Investment Summit held by the UK government, under the patronage of the Queen of the United Kingdom and the British Prime Minister, and in the presence of major international business and investment companies.
Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President and CEO of Qatar Energy, said, "This agreement not only enhances the long-term strategic cooperation between Qatar Energy and Shell, but also establishes a viable path for innovations and investments in low-carbon fuels and technologies. across the UK energy sector, which is a key area of Qatar Energy’s investments.”
"This agreement underscores Qatar Energy's commitment to facilitating reliable access to cleaner energy around the world," he added.
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, said: “I am delighted to reach this partnership, which deepens our strong relationship with Qatar Energy. Hydrogen will play a critical role in achieving a zero-emissions economy, as momentum is building in this field.”
"Qatar Energy's expertise in cooperation with Shell will support the UK's transition to low-carbon energy and support this fast-growing sector," he added.
This agreement is the first of its kind between Qatar Energy and Shell in the field of hydrogen, as it establishes an important framework for cooperation and joint investment to develop hydrogen solutions in the United Kingdom.