July 15, 2024, 17:14

Russia, Japan to Cooperate in Field of Sustainable Energy – Ministry

Russia, Japan to Cooperate in Field of Sustainable Energy – Ministry

VLADIVOSTOK, Russia, September 2 (Sputnik) – Russian Energy Minister Nikolay Shulginov and Japanese Economy Minister Hiroshi Kajiyama signed a declaration of intent to mutually cooperate in the field of sustainable energy within the framework of the Eastern Economic Forum (EEF), the Russian Energy Ministry said on Thursday.

“The document is aimed at the development of promising projects in the production and supply of Russian LNG [liquefied natural gas] and gas condensate, renewable energy sources, hydrogen production, gas chemistry products, ammonia [production], as well as projects for carbon capture, storage, utilization and processing,” a statement published on the ministry’s Telegram channel read.

Earlier in the day, Russia’s gas manufacturer Novatek and the Japanese Economy Ministry signed a memorandum of cooperation to support initiatives for the production and sale of ammonia and hydrogen in a ceremony attended by the ministers.

The sixth edition of the Eastern Economic Forum, which is taking place from September 2-4 at the campus of the Far Eastern Federal University in Russia’s Vladivostok, is aimed at developing business ties and attracting national and international investors to Russia’s Far East.

Sourse: sputniknews.com

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