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Oil and gas giants command 8% of global low-carbon hydrogen market, poised for growth

New Delhi: Oil and gas majors globally account for an 8% share in the announced net low-carbon hydrogen production capacity, amounting to 102.6 million tonnes per annum (Mtpa), according to latest analysis from Wood Mackenzie. These companies are now focusing on bringing small- scale projects into operation before 2030, which will set the stage for industrial scaling in the next decade.

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