INPEX, JERA and JOGMEC sign joint study agreement with ADNOC
Published by Callum O'Reilly,
INPEX Corp., JERA Co. Inc. and the Japan Oil, Gas and Metals National Corp. (JOGMEC) have signed a joint study agreement with the Abu Dhabi National Oil Co. (ADNOC) on exploring the commercial potential of a clean ammonia production business in the UAE.
The signing was conducted online as part of a virtual meeting between Kajiyama Hiroshi, Minister of Economy, Trade and Industry (METI) of Japan and His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology of the UAE and Group CEO and MD of ADNOC.
Through this joint study initiative, INPEX, JERA and JOGMEC will, together with ADNOC, explore the commercial potential of producing and transporting clean ammonia to Japan. This clean ammonia with vastly reduced carbon footprint will be produced in Abu Dhabi from natural gas-derived hydrogen, where most of the CO2 emitted from the production of ammonia will be sequestered and utilised in enhanced oil recovery (CO2EOR) operations at Abu Dhabi onshore oilfields in which INPEX has a participating interest.
Ammonia is considered to be advantageous as a mode of storage and transportation of hydrogen and emits no CO2 when combusted. It is therefore expected to be utilised as fuel for power generation and marine transportation in line with global movements toward the realisation of a net zero carbon society.
As outlined in its 'Business Development Strategy – Towards a Net Zero Carbon Society by 2050' announced in January 2021, INPEX envisions the advent of a hydrogen era and aims to expand its hydrogen and ammonia business. In close cooperation with ADNOC, with which it has partnered for almost 50 years, as well as the Japanese government and customers, INPEX aims to build a hydrogen and ammonia supply chain linking Japan with Abu Dhabi, one of its core business areas.
Under its ‘JERA Zero CO2 Emissions 2050’ objective, JERA has been working to eliminate CO2 emissions from its domestic and overseas businesses by 2050, promoting the adoption of greener fuels and pursuing thermal power that does not emit CO2 during power generation. JERA will continue to contribute to energy industry decarbonisation through its own proactive efforts to develop decarbonisation technologies while ensuring economic rationality.
JOGMEC announced the ‘JOGMEC Carbon Neutral Initiative’ on 20 April 2021 in light of the increasing need to respond to climate change issues in natural resource development. Under this initiative, JOGMEC will make maximum use of the technical know-how accumulated so far to support the CCS business and the clean hydrogen and ammonia business through CCS technical support. Including the implementation of this joint study, JOGMEC will further promote international cooperation in the fields of CCS, clean hydrogen and ammonia, and contribute to the realisation of a carbon-neutral society through the stable supply of natural resources and energy.
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/09072021/inpex-jera-and-jogmec-sign-joint-study-agreement-with-adnoc/
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