State-owned giant QatarEnergy and Korea's Hydrogen Convergence Alliance (H2Korea) have announced that they have signed an agreement for cooperation in the field of hydrogen energy.
The agreement delivers a framework of cooperation in the development of the hydrogen sector in both countries, encouraging the growth of the hydrogen industry and expansion of the hydrogen supply chain, in addition to supporting efforts within multilateral fora to fast-track cooperation for hydrogen-related technologies globally.
Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and Sung-Wook Moon, the Minister for Trade, Industry, and Energy in the Republic of Korea attended the signing of the agreement, during their meeting in Doha.
In his comments on the signing of this agreement, Al-Kaabi acknowledged the solid ties and historical long-term partnership between Qatar and Korea in the field of energy and expressed the mutual desire of the two countries to further build and expand on this partnership for many decades to come.
"We are pleased to sign this agreement on hydrogen to expand our strong relations into new horizons of cleaner energy including our long-established strategic partnership in the field of liquefied natural gas," Al-Kaabi said.
"We believe hydrogen has an important role to play in the energy transition towards an affordable, reliable, and clean energy system, but only if relevant competent entities, such as QatarEnergy and H2Korea, join hands to achieve this goal," he added.