TotalEnergies and Air Products sign deal for green hydrogen delivery

(Reuters) – French oil and gas major TotalEnergies said on Friday it had signed a deal with U.S. industrial gases company Air Products and Chemicals for delivery of green hydrogen.

The companies signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030, TotalEnergies said in a press release.

Air Products will deliver green hydrogen to TotalEnergies’ Northern European refineries, it said.

The contract is part of TotalEnergies’ push to slash net emissions from its oil and gas operations by 40% by 2030, it said in a statement.

As part of the partnership, the companies also signed a power purchase agreement under which TotalEnergies will supply Air Products with 150 megawatts of solar power from a project in Texas.

TotalEnergies and Air Products also said they were planning to investigate further renewable energy opportunities in Britain, Poland and France.

(This story has been corrected to specify Air Products will buy solar power energy from TotalEnergies, not the other way around, in paragraph 5)

(Reporting by Anna Peverieri and Michal Aleksandrowicz in Gdansk; editing by Jason Neely and Milla Nissi)

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