'Gazprom·Rosatom-Hyundai Motor·Hyosung' Join Hands... Discussing Korea's Hydrogen Economy Entry into Russia

Jung "Russian Resources + Korean Technology... Infinite Potential"
Industry Ministries of Both Countries Hold Hydrogen Cooperation Seminar Hosted by H2KOREA

[Image source=Yonhap News]

[Asia Economy Reporter Moon Chaeseok] The Ministry of Trade, Industry and Energy announced that Park Ki-young, Deputy Minister for Trade, held the '1st Korea-Russia Hydrogen Cooperation Seminar' via video conference on the 28th with Aleksandr Morozov, Deputy Minister of Industry and Trade of Russia. It is expected that the synergy effect will be created by combining Russia's resources and Korea's technology.

Russia's largest gas producer Gazprom and the largest nuclear company Rosatom participated in the seminar and actively discussed economic cooperation plans such as hydrogen mobility, hydrogen charging stations and infrastructure, and hydrogen production and supply cooperation with Korea's Hyundai Motor Company and Hyosung Heavy Industries.

Deputy Minister Park emphasized, "Russia's hydrogen energy development roadmap aligns with the 'Korean New Deal' policy announced last July," adding, "The cooperation potential between Russia, which can produce economical hydrogen based on abundant natural resources, and Korea, which possesses excellent technology in hydrogen utilization, is limitless."

He mentioned, "Let us combine the different strengths and experiences of both countries to prepare together for the transition to a hydrogen economy."

Deputy Minister Morozov responded, "We hope that Korean companies, including Hyundai Motor, will actively participate in promoting hydrogen car sharing services in Moscow," and added, "We look forward to active cooperation between Gazprom, Rosatom, and Korean companies in hydrogen supply and utilization in the future."

Earlier, the industrial ministries of both countries held the 'Korea-Russia Industrial Cooperation Committee Senior Representatives Meeting' on July 2nd and agreed to cooperate on the hydrogen economy, including hydrogen car sharing services in Moscow, and this seminar marks the starting point.

Going forward, it was decided to continuously discover and promote successful projects in the hydrogen industry by holding government-to-government cooperation channels such as the Korea-Russia Industrial Cooperation Committee.

The Ministry of Trade, Industry and Energy stated that it plans to actively support expanding cooperation channels, including regularly holding Korea-Russia hydrogen cooperation seminars together with the Hydrogen Convergence Alliance Promotion Group (H2KOREA).

Both sides evaluated that through this seminar, they confirmed the cooperation potential in the hydrogen economy between the two countries and established a foundation for practical cooperation such as hydrogen car sharing services.

The cooperation projects discussed on this day will be steadily promoted, and the '10th Industrial Cooperation Committee and 2nd Hydrogen Cooperation Seminar' will be held to create tangible results through high-level exchanges between the two countries.

This content was produced with the assistance of AI translation services.