PETRONAS and ENOS have signed a Memorandum of Understanding (MoU) to jointly develop a competitive, clean hydrogen supply chain between Malaysia and Japan, and to explore other hydrogen opportunities.
The two companies will run a joint study which will look at hydrogen production and also its transportation in methylcyclohexane (MCH) form – whereby hydrogen is converted from its original gaseous state into a liquid form to enable large volume deliveries.
PETRONAS Gas + New Energy Executive Vice President and Chief Executive Officer Adnan Zainal Abidin commented: ‘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.’
In a statement issued on Friday (10 September), PETRONAS said that the development of liquid organic hydrogen carrier (LOHC) technology such as MCH is ‘fast gaining traction’ because its ‘chemically stable nature’ that allows for long-term storage and long-distance transport.
‘Moreover,’ added PETRONAS, ‘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.’