Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 26 November 2021, 14:01 HKT/SGT
Share:
    

Source: Mitsubishi Corporation
Tokyo Gas, MC to Explore Feasibility of International Synthetic Methane Supply Chain for Carbon Neutrality

TOKYO, Nov 26, 2021 - (JCN Newswire) - Tokyo Gas Co., Ltd. (Tokyo Gas) and Mitsubishi Corporation (MC) are pleased to announce that we are jointly exloring feasibility(1) for a synthetic methane supply chain in LNG exporting countries. Among the countries and regions covered by this study are North America, Australia, the Middle East and Asia. The study will focus on synthetic methane produced from green hydrogen using renewable electricity and CO2.


In order for Japan to realize its goal to go carbon neutral by 2050, it will need to decarbonize its heating industry. To that end, Japan's sixth Strategic Energy Plan highlights the importance of replacing natural gas with synthetic methane for carbon neutrality.

Public and private interests are now working together to accelerate the commercialization of related technologies. Future production of synthetic methane requires the combination of green hydrogen derived from affordable renewable energies produced overseas with locally captured CO2. A supply chain that leverages existing infrastructure to liquefy and transport the methane will also need to be forged.

This study will combine both companies' respective strengths to optimize the supply chain and infrastructure. Tokyo Gas brings its advanced hydrogen and methanation technologies, as well as its expertise in LNG value-chain development, while MC will contribute its experience in energy businesses, which covers overseas LNG projects, renewable energy initiatives and other operations.

More specifically, the study will examine all issues pertinent to supply chains, from procurement of renewable energy and CO2, to production of hydrogen and synthetic methane, and further still to liquefaction and transportation operations. It will include work aimed at determining the locations for production facilities and delivery terminals, as well as cost reduction.

In the future, we plan to conduct demonstrations at these locations. Our hope is to make synthethic methane an important component within Japan's future energy mix.

As part of its group's management vision "Compass2030," Tokyo Gas promotes the challenge of achieving net-zero CO2. Committing to the early development of a synthetic methane supply chain will contribute Japan to achieve its goal to go carbon neutral by 2050.

In addition to fulfilling its responsibility to provide Japan with stable energy supplies, MC also remains committed to decarbonizing by growing its renewable operations and helping to forge a next-generation energy supply chain.

Both companies look forward to realizing this vision together and leveraging synthetic methane to make LNG and city-gas operations as clean as possible.

(1) This study will examine the carbon-neutral potential of synthetic methane. CO2 life cycles in shipping and other supply-chain operations to achieving end-to-end carbon neutrality will be long term goal.

Inquiry Recipient:
Mitsubishi Corporation
Telephone:+81-3-3210-2171
Facsimile:+81-3-5252-7705


Topic: Press release summary
Source: Mitsubishi Corporation

Sectors: Energy
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Mitsubishi Corporation Links

http://www.mitsubishicorp.com

https://www.linkedin.com/company/mitsubishi-corporation/

Mitsubishi Corporation
Nov 24, 2021 11:27 HKT/SGT
Smart-City Driverless-Vehicle Pilot Project to Enhance Mobility and Healthcare in Kamakura & Fujisawa Areas
Nov 9, 2021 16:08 HKT/SGT
MC and Kinki Sharyo Sign Contract with Egyptian Government for Rolling Stock Deliveries for Phase 1 of Cairo Metro Line 4
Oct 29, 2021 10:40 HKT/SGT
MC and Hokuden to form Hydro Power Alliance in Hokkaido's Donan Region
Oct 18, 2021 15:09 HKT/SGT
Mitsubishi Corporation Releases Roadmap to a Carbon Neutral Society
Oct 4, 2021 17:02 HKT/SGT
Mitsubishi Corporation, Chiyoda Corporation, and Sembcorp Industries Sign MOU to Explore Supply Chain Commercialization of Decarbonized Hydrogen
Sept 22, 2021 07:00 HKT/SGT
MC Reaches Agreement with Denbury on CO2 Transport and Storage Operations for Fuel Ammonia Production
Sept 9, 2021 11:36 HKT/SGT
Mitsubishi Corporation and Shell Sign MoU to Collaborate on Hydrogen Plans in Alberta
Sept 8, 2021 11:08 HKT/SGT
Mitsubishi Corporation Signs Japan's First Long-term Corporate PPA for Online Retail Giant Amazon
Aug 10, 2021 10:24 HKT/SGT
AHEAD to Support Decarbonization at Petroleum Refineries Through MCH Hydrogen Supply Chain from Brunei
July 30, 2021 11:30 HKT/SGT
Port of Rotterdam Authority, Koole Terminals, Chiyoda Corporation and Mitsubishi Corporation Sign MoU to Study Commercial-Scale Hydrogen Imports to the Netherlands
More news >>
 News Alerts
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: