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    Petronas, Jera Sign MoU

Summary

The MoU relates to low-carbon energy initiatives, covering LNG, ammonia and hydrogen.

by: Shardul Sharma

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Complimentary, NGW News Alert, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Hydrogen, Corporate, Investments, Gas for Transport, News By Country, Japan, Malaysia

Petronas, Jera Sign MoU

Malaysia’s Petronas and Japan’s Jera entered into a memorandum of understanding (MoU) to collaborate on low-carbon energy initiatives, covering LNG, ammonia and hydrogen, the Malaysian company said on February 9.  

The companies will enhance collaboration in the supply chains for ammonia and hydrogen fuels while continuing to advocate for the use of LNG, Petronas said. “This builds upon Petronas’ position as one of the world’s largest LNG producers, experience as a reliable producer of ammonia as well as the establishment of the company’s hydrogen business in November 2020,” it said. 

Petronas said it is already producing blue hydrogen as a by-product from its facilities and will be exploring the commercial production of green hydrogen in the near future.   

Also, in the LNG space, Petronas and Jera will be collaborating to grow the use of natural gas as marine fuel through LNG bunkering solutions. They will explore the establishment of a global bunkering supply network, leveraging on both companies’ experience in LNG bunkering.  

Petronas completed its maiden LNG bunkering operation in November last year at Pasir Gudang, whereas Jera had completed its first LNG bunkering operation in Japan in October 2020.