China's Sinopec Corp plans initial spending of 30 billion yuan ($4.6 billion) on developing hydrogen energy by 2025, as the Chinese state oil and gas major pivots to hydrogen and natural gas to reach carbon neutrality by 2050.
Sinopec said on Monday it also aimed to have 200,000 tonnes annual capacity for hydrogen refuelling by 2025.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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