Abstract

The hydrogen fuel industry is in its infancy and how regulations will evolve in the Straits Of Malacca and Straits Of Singapore (SOMS) is unpredictable to a significant degree. Meanwhile little if anything has been said about the risks of transacting and storing hydrogen, especially in the black and grey markets despite this being a feature of the trade in oil and gas in the SOMS.

There is then a danger that regulators acting to address unanticipated risks may burden the hydrogen market with significant costs of compliance.

A realistic assessment of all risks may be in the medium to long term interests of the market, even if that means taking a more nuanced view of the risks of climate change.

This paper will be part of the OGEL Special Issue on "Contractual, Legal, and Regulatory Dynamics for Hydrogen Projects and Markets". More information here www.ogel.org/news.asp?key=781