VNG AG, Sonatrach, Sonelgaz, and European partners sign a letter of intent for large-scale green hydrogen production in Algeria for Europe's export.

VNG AG, a Leipzig-based energy firm, has signed a letter of intent with Algerian companies Sonatrach and Sonelgaz, along with European partners, to explore large-scale green hydrogen production in Algeria. This initiative aims to facilitate exports to Italy, Austria, and Germany through the proposed "South H2 Corridor." The collaboration will assess the project's technical and economic feasibility, addressing Europe's growing demand for sustainable energy sources.

October 15, 2024
11 Articles