Severstal, Novatek to partner on hydrogen, alternative energy

Russian steel maker Severstal and Russian natural gas producer Novatek have signed a Memorandum of Cooperation to explore hydrogen, alternative energy and greenhouse gas emission reduction technologies, the companies said at the St Petersburg International Economic Forum on June 4.

Alexey Mordashov, Severstal chairman of the board of directors, and Leonid Mikhelson, chairman of the management board of Novatek, signed the agreement, which will enable the parties to consider launching a joint pilot-project for the production of 'blue'...


Carrie Bone

June 04, 2021

16:33 GMT