NERI ASKLAND Yeah. No, thank you Mathias. What we see that we are serious about our ambition of net zero, and over a year ago, we started a project on how we could decarbonize our attractive gas production in the Appalachian Basin. It is one of our largest producing assets. It has a very good long-term outlook.
And we did our valuation of customer political landscape, CO2 storage options in the areas where we have gas and based on this, we ended up that we see that the tri state-area, including Pennsylvania, Ohio, West Virginia, is a good location for a clean hydrogen hub. There is also the potential then to turn the Rust Belt green, and its an important industrial region in US with a skilled workforce and an appetite for innovation that actually also creates opportunities. In this area. U.S. Steel is a cornerstone business that have an impressive industrial history, and most importantly, they also announced last year a net zero ambition.
And through this, we kind of have a common ground to explore options and solutions for decarbonization. In terms of scale and potential, this is driven by the end user interest. We are engaging the several end users in the region to map the potential for them to decarbonize true use of blue hydrogen and CCS. And based on this, we foresee a phased development that will be will have multiple reforms and end use source in all three states. We are, of course, also fortunate to pool on experience from other projects in our portfolio. In this process, that is important like the Humber development in the U.K. and the last factor, of course, also that this important that you work with these projects, all the public and political acceptance. It is important to engage with the communities to help them understand the vision and the potential, and then work with them to ensure that the investments we do create are value and contribute to equitable transition.