Novatek Signs Agreement to Work on Reducing CO2 Emissions
01 Februar 2021 - 1:54PM
Dow Jones News
By Anthony O. Goriainoff
Novatek said Monday that it has signed a cooperation agreement
with Italy's Nuovo Pignone to reduce its CO2 emissions.
The London-listed company, which is Russia's second-largest gas
producer, said that according to the memorandum of understanding
signed, both companies will start implementing a project to convert
gas turbines to hydrogen-based fuel gas mix.
The Baker Hughes Company, of which Nuovo Pignone is a part, is
one of the main equipment suppliers at Novatek's Yamal and Arctic
LNG 2 liquefied natural gas projects in Russia.
"Hydrogen technologies have great prospects to reduce the level
of global greenhouse gas emissions, and further work is required to
develop and adapt these technologies for operations in Arctic
climatic conditions," said Novatek Chairman Leonid Mikhelson.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
February 01, 2021 07:39 ET (12:39 GMT)
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