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Russia intends to occupy a quarter of the global hydrogen fuel market by 2035

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This is the optimistic scenario voiced by the Russian government on Monday.

Russia intends to occupy a quarter of the global hydrogen fuel market by 2035

Russia plans to take a share in 20-25% of world hydrogen trade by 2035, Deputy Energy Minister Pavel Sorokin said today. According to him, various scenarios for the development of the global hydrogen market for the coming years are being considered.

“Our goal is to get 20-25% of the global hydrogen trade ... This goal is still difficult to estimate in numbers - it could be 1-2 million tons under the low scenario or up to 7 million tons in 2035 if there is an active , rapid development, "he said.

In line with the government's energy strategy approved last June, Russia has outlined plans to take advantage of the country's proximity to potential markets in Europe and the Asia-Pacific region and has foreseen exports of up to 200,000 tonnes of hydrogen in 2024 and 2 million tonnes in 2035 ...

The optimistic scenario outlined today by Sorokin assumes that Russia will export 1 million tons in 2024 and 7 million tons in 2035. He said that by 2050 Russia could export from 7.9 to 33.4 million tons of hydrogen per year, depending on the pace of development of the world energy.

It is not yet clear how Russian hydrogen will be transported. State-controlled Gazprom and the state nuclear corporation Rosatom are working on several projects for the production and transportation of hydrogen, and oil companies, including the state-controlled Rosneft and the private company Lukoil, have announced plans to develop hydrogen production.

Hydrogen transportation options include gas pipeline reprofiling, liquefaction and using ammonia as carrier gas.

Recall that today ammonia from Russia to the EU countries transported via the Togliatti-Odessa ammonia trunk pipeline, which was built in the late 1970s to transport Russian ammonia for export. The total capacity of the ammonia pipeline is 2.52 million tons per year.

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