To meet rising demand, the Abu Dhabi National Oil Company (ADNOC) aims to explore the hydrogen market in India with the country’s public and private sectors.
The announcement was made today at a virtual Hydrogen Roundtable by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC.
Recognizing India’s value as a trade partner, ADNOC said that its annual supply of 300,000 tonnes of hydrogen would help India advance its hydrogen economy.
“India and the UAE enjoy a very special relationship that is underpinned by deep-rooted bilateral ties across multiple sectors,” Dr. Al Jaber said during the roundtable.
“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.”
“However, at the same time, we recognise that the world and India for that matter require more energy with fewer emissions. And as we collectively navigate the global energy transition, we believe hydrogen offers promise and potential as a genuinely zero-carbon fuel.”
“Granted hydrogen is still in its infancy, it could be a game-changer and a real opportunity to accelerate the broader energy transition. An opportunity that ADNOC and the UAE are well placed to capitalise on,” he concluded.