Analytical review “Energy and Raw Material Markets of the Global South” (November 2024) The new issue examines the prospects for Algerian gas exports and India's strengthening position in the global hydrogen market. Algeria is the largest gas producer in Africa, with a share of 2.5% and 19% in the global and European markets, respectively. At the same time, Algeria's ambitions to expand liquefied natural gas (LNG) exports in the long term will be limited by the new energy transition, which dictates the need for active expansion of green energy, including hydrogen. The Indian hydrogen market has shown rapid dynamics over the past two years, thanks to growing demand for this raw material in the agro-industrial, oil refining and steel industries. In 2023, the domestic hydrogen market grew by 5%, which is twice the global average, and India's share in the global hydrogen consumption market reached 9%. Back in 2021, Indian Prime Minister Narendra Modi announced the launch of a program aimed at turning India into a global hub for the production, use and export of green hydrogen. But hydrogen export is complex and requires expensive transport, and one solution is to convert hydrogen into green ammonia, which is more affordable to transport. Thus, two states in the Global South, located on different continents and formulating their energy export ambitions differently, face the same strategic challenges in producing and transporting green hydrogen. Read more in the document. Follow NCC news on Telegram [ https://t.me/nccenter ].

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