PETRONAS, through its subsidiary PETRONAS Gas & New Energy Sdn Bhd (PGNESB), has signed a Memorandum of Understanding (MoU) with ENEOS Corporation (ENEOS) to jointly develop a competitive, clean hydrogen supply chain between Malaysia and Japan, and to explore other hydrogen opportunities.
The MoU will see both parties embark on a technical-commercial joint-study of a hydrogen supply chain which includes hydrogen production and its transportation in methylcyclohexane (MCH) form, where hydrogen is converted from its original gaseous state into a liquid form to enable large volume deliveries.
PETRONAS and ENEOS will also explore low carbon hydrogen production from PETRONAS’ petrochemical facilities and in the future, green hydrogen produced by renewable energy.
“We are proud to expand our three-decade long energy partnership with ENEOS to include hydrogen, on top of what we have established in the liquefied natural gas (LNG) space. More importantly, this partnership is a testament of how industry collaboration can help accelerate our shared aspiration towards a low carbon future,” said PETRONAS Gas + New Energy Executive Vice President and Chief Executive Officer Adnan Zainal Abidin.
“With emerging clean energy sources like hydrogen, innovation and collaboration with partners in technological development are key, as they contribute towards achieving cost competitiveness and scalability for wider use across businesses and industries,” he added.
The development of liquid organic hydrogen carrier (LOHC) technology such as MCH is fast gaining traction due to its chemically stable nature that allows for long-term storage and long- distance transport
Moreover, the use of LOHC leverages on existing conventional oil and petrochemicals infrastructure which heavily reduces the need to develop new assets, thus making it a viable option for established energy players to implement.
