Abu Dhabi National Oil Company (ADNOC) has announced its enrollment in the Hydrogen Council, an international organization that aims to accelerate the global position of hydrogen through its member companies, according to a press release.
ADNOC plans to lead the UAE’s hydrogen activities by leveraging its existing hydrogen production, infrastructure, partnership base and the vast natural gas reserves with the goal of becoming one of the world’s lowest-cost and largest producers of blue hydrogen.
According to the Hydrogen Council, hydrogen is projected to contribute to up to 18% of global energy demand by 2050 with over 30 countries releasing their hydrogen strategy and more than 228 active large-scale projects.
“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 and a local hydrogen eco-system.
We are pleased to join the Hydrogen Council and look forward to working with its members and the secretariat to advance the use of hydrogen as a low carbon energy source,” Sultan Ahmed Al Jaber, UAE’s Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, stated.