Companies in Russia and Germany have put forward a plan to build a joint hydrogen production plant as part of a plan jointly to develop low carbon energy sources.
The proposal, put forward by the German-Russian Chamber of Commerce, said the two countries should “take advantage of years of their successful partnership in the oil and gas industry to closely cooperate in the development of hydrogen”.
The proposal has been sent to relevant ministries of both countries.
Germany is ready to allocate EUR 2 billion (about $2.26 billion) for such projects involving international partners, including Russia - Link
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