KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has entered into a memorandum of understanding (MOU) with Japan’s JERA Co Inc to collaborate on a wide range of low carbon energy initiatives, covering liquefied natural gas (LNG), ammonia and hydrogen.
In a statement today, Petronas said the MOU signing is a result of both companies’ shared vision of achieving net zero carbon emissions.
“We are proud to elevate our four decade-long relationship with JERA which will not only see us explore emerging low-carbon energy sources such as ammonia and hydrogen but also to strengthen our LNG partnership.
“Importantly, the scope of collaboration also opens up opportunities across Petronas’ integrated value chain and beyond the borders of Japan as we seek to grow the use of low-carbon energy sources globally,” said Gas and New Energy executive vice-president, Adnan Zainal Abidin.
Pursuant to the MOU, Petronas and JERA would intensify collaboration in the supply chains for ammonia and hydrogen fuels, while continuing to advocate the use of LNG as a cleaner marine fuel through LNG bunkering solutions, in support of International Maritime Organisation regulations on greenhouse gas emissions.
Both companies would explore the establishment of a global bunkering supply network, leveraging their experience in LNG bunkering. – Bernama
