The government lowers its tone on Ancap’s request to participate in the green hydrogen business

The government lowers its tone on Ancap’s request to participate in the green hydrogen business

The undersecretary of the MIEM, Walter Verri, assured that “it is very hasty and reckless” to think about being part of HIF Global’s million-dollar investment.

Photo: Freepik

He Undersecretary of Industry, Energy and Mining, Walter Verri, questioned the request Ancap to participate in the business of green hydrogen, after the million-dollar investment of HIF Global to build a plant in Paysandu, considering that “it is very hasty” to think about that possibility.

Verri assured in dialogue with Radio Montecarlo that “it is very reckless to talk about millions of dollars in percentages of investment for something that is still not clear either for the company participating in the project or for the investors,” referring to what was warned by the president of Ancap, Alejandro Stipanicic, who anticipated that the firm would have to pay 30% of the investment in the chemical sector, for about 3.5 billion dollars.

In this way, he referred to the incipient nature of the agreement for the green hydrogen, with a memorandum of understanding about which he clarified that “it is not binding” and detailed: “This board of directors will not define it.” Ancap nor this Executive, but the next one.”

“It seems very hasty to me to think that it can be part of the business, especially taking into account things that happened in the past,” said the leader about the state company and added: “It must participate in the share corresponding to what it says, which is carbon dioxide from the plant ALUR of Paysandú”.

Verri lowered his tone to the Colorado Party’s request for information

Verri, who represents the Colorado Party, He also referred to the request for reports from the deputy of that space, Ope Pasquet. “He Parliament “You have every right to ask what you believe and the Executive will respond with the same transparency as until now,” he explained.

The MIEM undersecretary recalled that the memorandum of understanding “is not binding and the government did not commit to anything,” while countering that “when it is time for the contract, there may be commitments and I am in favor of making it transparent.”

However, he specified that in this phase “there are sensitive information of a company that intends to invest in the country”, which is why he considered that revealing it would affect “the credibility of the country to be able to maintain that type of reserves.”

Source: Ambito

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