Oil & Gas 360 Publishers Note: The interdependence of Hydrogen and Natural Gas is being confirmed again. Hydrogen does not become economical with out Natural Gas and it’s infrastructure. – This is a good thing having the balance to lower carbon emissions and costs to consumers.
Europe’s biggest gas transport operator said it had agreed with Israel energy explorer Delek Drilling and public transport group Dan to work on creating LNG infrastructure for transportation, especially buses and heavy vehicles.
MILAN: Italian gas group Snam took a first step into Israel on Thursday signing agreements to develop liquefied natural gas projects for public transport and green hydrogen in the country.
Europe’s biggest gas transport operator said it had agreed with Israel energy explorer Delek Drilling and public transport group Dan to work on creating LNG infrastructure for transportation, especially buses and heavy vehicles.
It will also study the use of renewable gas, including hydrogen, and electricity to convert parts of Dan’s fleet and develop refuelling and recharging infrastructure.
It also signed a partnership deal with Israeli start-up H2Pro, which owns technology to produce 30% more green hydrogen compared to traditional electrolysis.
Green hydrogen is produced through electrolysis using solar and wind power sources and is seen as a possible replacement for fossil fuels when costs fall.
“The partnerships… allow us to enter a new market, rich in natural gas, with projects in sectors of interest for Snam, such as sustainable mobility and hydrogen,” Snam CEO Marco Alvera said.
Snam, which makes most of its revenue from gas transport in Italy, has pledged to spend more on new green business lines and set up a hydrogen unit to help it position itself for the industry-wide transition to cleaner energy.
[contextly_sidebar id=”lhmwykpPW8P1GJVmIGjJqVCRkRythKld”]
