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    Inpex plans carbon reduction projects in Australia

Summary

Inpex's partnership with FEnEx CRC involves supporting studies on the efficiency of LNG production value chains, digital technologies, and hydrogen.

by: Shardul Sharma

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Inpex plans carbon reduction projects in Australia

Japan's Inpex and Australia's Future Energy Exports Cooperative Research Centre (FEnEx CRC) have agreed to develop new technologies that will lower the cost and carbon emissions of energy production in the country, they said on May 24.

The partnership with FEnEx CRC involves research funding of A$1.5mn ($.16mn), supporting studies on the efficiency of LNG production value chains, digital technologies, and new hydrogen energy and exports to market.

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“As a proud member of the Australian business community for more than 30 years and the operator of Ichthys LNG, Inpex is pleased to support high-value research and development to lower our carbon footprint, consistent with the Paris Agreement,” Inpex president director Australia Hitoshi Okawa said.

Okawa said his company was looking forward to working with FEnEx CRC to undertake studies to support the expansion of the energy business including strategy for future production and supply of hydrogen.

FEnEx CRC, which is headquartered in Western Australia, is a collaboration between industry, government and research institutions, and a project initiative facilitated by the Western Australian government’s LNG Jobs Taskforce.

“As well as helping to sustain Western Australia’s position as a leading global LNG exporter, the FEnEx CRC’s research program will help position us to become a leading global hydrogen exporter, as markets and technology change over the coming decade,” Western Australia’s minister for state development Roger Cook said.