Serbia and China Collaborate on Green Energy and Hydrogen Production
Key Ideas
- Serbia's NIS and China's Sinopec sign a memorandum for scientific and technological cooperation in green energy and CCUS projects.
- The focus of the collaboration includes the production of low-carbon hydrogen, geothermal, and solar energy.
- The partnership aims to contribute to a more sustainable future in the energy sector with state-of-the-art technologies.
- Discussions during the visit centered around potential joint projects like a carbon capture initiative and blue hydrogen production in Pančevo Oil Refinery.
Serbia's oil and gas company Naftna Industrija Srbije (NIS), a subsidiary of Gazprom, and its Science and Technology Centre (NTC) have signed a memorandum with China's Sinopec Petroleum Engineering Corporation for scientific and technological cooperation. The agreement focuses on collaborating in the field of green energy and carbon capture, utilization, and storage (CCUS) projects. The priority areas for cooperation include renewable energy sources, CCUS, and the production of low-carbon hydrogen, geothermal, and solar energy. Both companies aim to work towards a more sustainable future in the energy sector by leveraging advanced technologies. The memorandum was signed in Belgrade during the visit of a Chinese delegation to NIS. Discussions revolved around potential projects such as a carbon capture initiative and the production of blue hydrogen in the Pančevo Oil Refinery. The collaboration is seen as a step towards energy transition, decarbonization, and enhanced environmental protection.