Asia Pacific
Cheniere and POSCO International Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing, LLC, has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with POSCO International Corporation, a subsidiary of POSCO Holdings, Inc., South Korea’s largest steelmaker and owner of South Korea’s first private LNG terminal.
Lummus and Clariant Awarded Contract for One of the World’s Largest PDH Units
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced it and its catalyst partner Clariant have been awarded a major contract by Fujian Meide to supply CATOFIN technology and catalysts for a new, world-scale propane dehydrogenation (PDH) unit in Fuzhou, China.
TotalEnergies Signs LNG Long-Term Sale Contract with Hanwha Corporation
Against the backdrop of World Gas Conference 2022, TotalEnergies announces the signing of a Sale and Purchase Agreement (SPA) with the Korea’s Hanwha Energy Corporation for the supply of 600,000 metric tons of liquefied natural gas (LNG) per year over 15 years, starting in 2024.
GAIL awards contract to set up one of India’s largest PEM based Green Hydrogen project
In line with the National Hydrogen Mission, GAIL (India) Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser in India. The project would be installed at GAIL’s Vijaipur Complex, in Guna District of Madhya Pradesh, and would be based on renewable power.
Venture Global and Petronas Announce Sales and Purchase Agreement
Venture Global LNG and PETRONAS LNG Ltd., a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS, announced the execution of a new 20-year Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s Plaquemines LNG facility. With this agreement, Venture Global has now announced 20-year sales for 16 MTPA of the 20 MPTA nameplate capacity at Plaquemines LNG.
LONGi Hydrogen wins in the world's largest Green Hydrogen Project
Only 1 year after its establishment, LONGi Hydrogen wins in the Sinopec Green Hydrogen Demonstration Project, to supply world leading large scale ALK electrolysis equipment. The project is China's first >10,000 ton green hydrogen project and the world's largest green hydrogen project so far.
Venture Global Announces LNG Sales and Purchase Agreements with ExxonMobil
Venture Global LNG announced the execution of two new long-term Sales and Purchase Agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) for the sale of 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG). Under the agreements, the ExxonMobil affiliate will purchase 1 MTPA from the Plaquemines LNG facility (Plaquemines) as well as 1 MTPA from the CP2 LNG facility (CP2). This is the second supply agreement for CP2, which is expected to commence construction in 2023. Both facilities will replicate the same successful innovative design seen in operation today at Calcasieu Pass, where speed of execution resulted in the production of first LNG only 29 months after FID.
bp welcomes federal funding for green hydrogen hub at Kwinana, Western Australia
bp welcomes today’s announcement by the Australian Government for up to (AUD) $70 million of funding for a green hydrogen hub at bp’s Kwinana site in Western Australia.
NextDecade and ENN Execute 1.5 MTPA LNG Sale and Purchase Agreement
NextDecade Corporation announced today the execution of a 20-year sale and purchase agreement with ENN LNG (Singapore) Pte Ltd, a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
ENEOS, Toyota, and Woven Planet Collaborate to Facilitate CO2-free Hydrogen Production and Usage for Woven City and Beyond
ENEOS Corporation (ENEOS) and Toyota Motor Corporation (Toyota) have signed a joint agreement to explore CO2-free hydrogen production and usage at Woven City, the prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture, Japan. Together with Toyota’s subsidiary Woven Planet Holdings, Inc. (Woven Planet), they will accelerate efforts by managing technical logistics.
Infinite Blue energy to develop green hydrogen plant in Northam, Western Australia
The Western Australian town of Northam could soon be home to Australia’s first large-scale green hydrogen plant under plans developed by Infinite Blue Energy. The company has acquired the existing 11 megawatt Northam Solar Farm from current owners Indigenous Business Australia (IBA) and Bookitja Pty Ltd as trustee of the Ngangk Trust, and plans to use it to power a 10MW hydrogen electrolyzer and battery storage to produce up to 4 tonnes per day of green hydrogen.
Fortescue Future Industries and E.ON partner on journey to become Europe's largest green renewable hydrogen supplier and distributor
Australian renewable green energy development giant Fortescue Future Industries (FFI) and E.ON, one of Europe's largest operators of energy networks and energy infrastructure and a provider of innovative customer solutions for 50 million customers, partner on journey to deliver up to five million tonnes per annum of green, renewable hydrogen (GH2) to Europe by 2030.
Korean companies plan to develop green hydrogen and green ammonia project in Indonesia
Korean companies Samsung and Hyundai are planning to develop a $1.2 billion project to produce green hydrogen in North Sumatra, Indonesia. The Korean companies in collaboration with the Global Green Growth Institute (GGGI) will develop the large-scale green hydrogen/ ammonia production project utilizing green geothermal power from the Sarulla geothermal power plant in the Sarulla Block in North Sumatra, Indonesia.
NextDecade and Guangdong Energy Announce Binding Heads of Agreement
NextDecade Corporation announced today the execution of a binding Heads of Agreement (“HOA”) with Guangdong Energy Group Natural Gas Co., Ltd. for the long-term supply of liquefied natural gas for 20 years from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
CEFC, Octopus Australia and Hostplus power green makeover with Gippsland clean energy park
A joint venture between the CEFC and Octopus Australia to develop renewable energy assets has attracted the might of leading superannuation fund Hostplus to deliver a large-scale clean energy park in Gippsland that will accelerate the region’s transition to a clean, green future.
Aramco JV to Develop Major Refinery and Petrochemical Complex in China
Aramco has taken the final investment decision to participate in the development of a major integrated refinery and petrochemical complex in Northeast China. Huajin Aramco Petrochemical Company (HAPCO), a joint venture between Aramco, North Huajin Chemical Industries Group Corporation and Panjin Xincheng Industrial Group, will develop the liquids-to-chemicals complex.
Pertamina, PT Pupuk Indonesia, and Mitsubishi Corporation Agree to Develop Blue/Green Hydrogen and Ammonia Business
PT Pertamina (Persero), PT Pupuk Indonesia (Persero), and Mitsubishi Corporation agreed to develop the Green Hydrogen and Green Ammonia Value Chain and Carbon Capture Utilization and Storage (CCUS) businesses. This agreement aligns with the government's target of reducing emissions by 29% by 2030.
ConocoPhillips Completes Purchase of Additional 10% Shareholding Interest in APLNG
ConocoPhillips today announced through its Australian subsidiary that it has completed the purchase of an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.645 billion. After customary closing adjustments, cash paid for the additional interest is approximately $1.4 billion (AU$2.0 billion). The transaction resulted from the exercise of ConocoPhillips’ preemption right and is funded from cash on the company’s balance sheet.
Lummus Technology to Add CDAlky Technology to Large Complex in China
Lummus Technology of Texas recently announced that it has been contracted by the Shandong Yulong Petrochemical Co., Ltd, a subsidiary of China’s Nanshan Group, for the provision of their proprietary CDAlky technology in an upcoming alkylation unit. This 400 KTA alkylation unit will be part of the significant Shandong Yulong Refining and Petrochemical integrated Complex under development in the Shandong Province of China.
Partners shortlisted for world’s largest green hydrogen project in Southland
Four potential development partners have been shortlisted for the Southern Green Hydrogen project, a joint venture between Meridian Energy and Contact Energy to develop the first large-scale green hydrogen plant in Southland. The shortlist comprises: a Japanese consortium of Mitsui & Co., Ltd., one of Japan’s largest trading and investment companies, and ENEOS, one of Japan’s leading integrated energy companies; leading gases and engineering company BOC, a Linde company. Linde is a global leader in the production, processing, storage and distribution of hydrogen; Fortescue Future Industries (FFI), a subsidiary of Australian Fortescue Metals Group, a global green energy company committed to producing zero-carbon green hydrogen from 100 per cent renewable sources; and Woodside Energy Limited, Australia’s leading natural gas producer, committed to providing sustainable energy solutions.
Technip Energies Wins EPCC Contract with Petronas
Technip Energies has recently been awarded an engineering, procurement, construction and commissioning (EPCC) contract by PETRONAS Chemicals Fertilizer Kedah (PC FK), a subsidiary of PETRONAS Chemicals Group Berhad for the company’s upcoming melamine plant to be integrated into their existing complex in Gurun, Kedah, Malaysia. Dialog E&C of Malaysia is also part of this contract with Technip Energies.
Air Liquide, Airbus, Incheon Airport and Korean Air partner to prepare the use of hydrogen in the decarbonization of the aviation sector in Korea
Air Liquide, Airbus, Korean Air and Incheon International Airport Corporation signed a Memorandum of Understanding to explore the use of hydrogen at Incheon International Airport. More globally, the collaboration will also study the development of a Korean airport infrastructure to support the deployment of hydrogen-powered commercial aircrafts. This partnership reflects a shared ambition to drive the emergence of an innovative aviation sector dedicated to supporting the Korean government's goal of carbon neutrality by 2050.
BPCL Cancels Polyols Project in Kochi
The Bharat Petroleum Corporation of India (BPCL) recently decided to cease the development of its polyols petrochemical project in Kochi, India and instead focus on a new development of polypropylene production at the site. Cost overruns for the polyols project were cited as reasons for the change in direction.
Shell starts up hydrogen electrolyser in China with 20 MW production capacity
One of the world’s largest hydrogen electrolysers¹ has today started production of green hydrogen in Zhangjiakou, Hebei Province, China. The electrolyser will provide about half of the total green hydrogen supply for fuel cell vehicles at the Zhangjiakou competition zone during the Winter Olympic Games, set to begin on February 4, 2022.
Samsung Engineering, Lotte Chemical, POSCO and SEDC Energy sign MoU for developing green hydrogen & ammonia project in Sarawak Malaysia
Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, announced today, that it signed a Memorandum of Understanding (MoU) to develop a green hydrogen & ammonia project with Lotte Chemical, POSCO and SEDC Energy SDN. BHD., a Sarawak Economic Development Corporation (SEDC) subsidiary. The Sarawak H2biscus Green Hydrogen/Ammonia Project (H2biscus Project) will be located in Bintulu, Sarawak State, Malaysia. The signing ceremony, which was held in a non-face-to-face virtual format, was attended by senior executives from each company, including Park Cheonhong, Head of Samsung Engineering's Solution Business Division, Kim Yeon-seop, ESG Management Head of Lotte Chemical, Jo Joo-ik, head of POSCO’s Hydrogen Business Office, and SEDC Chairman YBhg. Tan Sri Datuk Amar (Dr.) Haji Abdul Aziz Bin Dato Haji Husain
Woodside and Commonwealth LNG Sign HOA for LNG Supply
Woodside Energy Trading Singapore Pte Ltd has signed a heads of agreement (HOA) with Commonwealth LNG to negotiate a sale and purchase agreement for the supply of LNG from the proposed Commonwealth LNG development in Cameron, Louisiana.
LyondellBasell Wins Licensing Agreement for Indonesian Petrochemical Plant
LyondellBasell of the Netherlands recently announced that it will provide its Spheripol processing technology for PT Polytama Propindo’s upcoming expansion of polypropylene production at their existing site in Indonesia.
Commencement of PoC for Green Hydrogen Production, Transportation and Utilization in Australia and Indonesia
Marubeni Corporation (hereinafter, “Marubeni”) will start production of economical green hydrogen (hereinafter, “green hydrogen”) in South Australia (hereinafter, “SA”), transportation of hydrogen by metal hydride tanks to Indonesia and utilization of hydrogen through fuel cells (hereinafter, the “PoC” or Proof of Concept). The PoC has been adopted under the Japanese Ministry of the Environment’s “Financing Programme for Joint Crediting Mechanism Model Projects (hereinafter, “JCM”) in FY2021".
NOVATEK and ENN Natural Gas Sign Sales and Purchase Agreement on Long-Term LNG Supply
PAO NOVATEK announced today that its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and ENN LNG (Singapore) Pte. Ltd., a subsidiary of ENN Natural Gas Co., Ltd. signed a long-term LNG sale and purchase agreement for the LNG produced from the Arctic LNG 2 project.
NOVATEK and Zhejiang Energy Sign Sales and Purchase Agreement on Long-Term LNG Supply
PAO NOVATEK announced today that its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and Zhejiang Energy Gas Group Co., Ltd, a subsidiary of the Zhejiang Provincial Energy Group signed a long-term LNG sale and purchase agreement for the LNG produced from the Arctic LNG 2 project.
