Home News Saudi Arabia wants green hydrogen commitment from EU, says European Council President

Saudi Arabia wants green hydrogen commitment from EU, says European Council President

by Dubai Forum
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Fri, 2022-09-16 14:45
RIYADH: Saudi Arabia wants the EU to accept long-term contracts in green hydrogen investment opportunities, according to the European Council President.

Speaking on Friday, Charles Michel said the Kingdom offered to have the EU invest in its plans to develop green hydrogen as the bloc seeks to tackle the energy crisis.

He also said the UAE has proposed investment in its renewable projects.

“What they want to know is if we are ready to accept long-term contracts,” Michel said.Main category: Business & Economy

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