February 15 2022
“GazpromNeft” and the Japanese “Mitsui” trading and investment company signed an agreement of intent to implement decarbonization projects in Russia and the regions where the companies operate, says the press release by “GazpromNeft”.
The partners intend to develop innovative solutions for the implementation of CCS projects (“Carbon Capture and Storage”).
In addition, “GazpromNeft” and “Mitsui” plan to develop comprehensive projects for the production of “blue” hydrogen, as well as the use of alternative fuels in sea and river transport.
In addition, in 2021, “GazpromNeft” signed a number of agreements in the field of reducing CO2 emissions, hydrogen energy and improving the environmental friendliness of fuels with major metallurgical companies.
“GazpromNeft” PJSC and its subsidiaries is a vertically integrated oil company, whose main activities are the exploration, development, production and sale of oil and gas, as well as the production and marketing of petroleum products.
“Mitsui” is a global trading and investment company with a diversified business portfolio covering about 63 countries in Asia, Europe, North, Central and South America, the Middle East, Africa and Oceania. The main areas of activity are the extraction of natural resources and minerals, energy, machine tool building, infrastructure construction and the chemical industry.