From the Editor: Lost in transition [Gas in Transition]

From the Editor: Lost in transition [Gas in Transition]

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Natural Gas News
From the Editor: Lost in transition [Gas in Transition]

Summary

Russia might have championed the development of low-carbon technologies such as hydrogen and carbon capture and storage. Following its invasion of Ukraine, its export-orientated energy transition strategy looks set to flounder. [Gas in Transition, Volume 3, Issue 9] by: NGW

Russia may have caused irrevocable damage to its natural gas industry by waging war in Ukraine and subsequently cutting gas supply to Europe. But another casualty of Moscow’s decision-making is its export-orientated energy transition strategy. Prior to the conflict in Ukraine, Russia had been hoping to position itself as a major hydrogen exporter. The government developed a hydrogen strategy in 2020 that envisaged potentially capturing a fifth of the global market for the fuel by 2030, and the country was well-endowed in resources to achieve such a feat. Russia’s vast natural gas reserves &n...