French gas grid operator Natran, in collaboration with storage operator Terega and Spain's Enagas, has initiated a joint venture to develop the Barmar hydrogen pipeline, a crucial component of the H2Med project. This cross-border pipeline will stretch from Barcelona to Marseille and form part of a larger initiative to link several European countries by 2030. The project, valued at 2.5 billion euros, aims to facilitate the transportation of 2 million metric tons of renewable hydrogen annually, contributing to the EU's goal of reducing carbon emissions. Enagas, Natran, and Terega are set to operate the pipeline, with Enagas holding a 50% stake and Natran and Terega holding 33.3% and 16.7% respectively. The EU's commitment to fund 50% of the project's development costs highlights the region's dedication to advancing hydrogen infrastructure. Despite a final investment decision not expected until 2028, the collaborative efforts of these operators signify a positive stride towards a greener energy future.