QatarEnergy and Korea’s Hydrogen Convergence Alliance (H2Korea) have signed a cooperation agreement to work together in the field of hydrogen energy, QatarEnergy said in a statement.

Under the agreement, the two companies will cooperate on developing the hydrogen sector in both countries through expanding the hydrogen supply chain and supporting the efforts within multilateral fora to boost cooperation on hydrogen-related technologies worldwide.

In this regard, Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, praised the long-term partnership with Korea expressing the mutual desire of the two countries to expand this partnership.

“We are pleased to sign this agreement on hydrogen to expand our strong relations into new horizons of cleaner energy including our long-established strategic partnership in the field of liquefied natural gas. We believe hydrogen has an important role to play in the energy transition towards an affordable, reliable and clean energy system, but only if relevant competent entities, such as QatarEnergy and H2Korea, join hands to achieve this goal,” Al-Kaabi said.

It should be noted that H2Korea was founded by the Korean government in 2017 as a public-private consultative body, committed to the promotion and development of the hydrogen industry.