KYIV, July 26 – The European Bank for Reconstruction and Development (EBRD) and the Gas Transmission System Operator of Ukraine (GTSOU) have signed an agreement to formalize their cooperation on low-carbon hydrogen and to develop hydrogen supply chains.

"I am very pleased that the EBRD and GTSOU are cooperating to support each other’s activities regarding hydrogen. Ukraine relies heavily on fossil fuels across all sectors of its economy and hydrogen can represent a good alternative for decarbonization, and reduce reliance on fossil fuels. Supporting the green transition of our economies is a key priority for the EBRD," EBRD Managing Director for Green Economy and Climate Action Harry Boyd-Carpenter said.