Russia offers cooperation with Saudi Arabia on hydrogen production -Novak

“We have a proposal to create a working group on hydrogen energy,” Novak said.

Hydrogen has gained traction as the future green fuel of choice, increasingly touted as a way to decarbonise emissions-intensive heavy industry and transportation.

Oil and gas rich Russia has been slow in developing production of hydrogen gas, a fuel that emits only water vapor and warm air when burned, rather than carbon dioxide.

Saudi Arabia, which plans to diversify the economy, is considering several large-scale project to produce hydrogen.

Novak said that both Russia and Saudi Arabia have great potential to develop traditional and renewable sources of energy.