Tokyo Gas and Partners Initiate Pre-FEED Study for Large-Scale E-Methane Production and Export from Australia
08.27.2024 By Tank Terminals - NEWS

August 27, 2024 [Storage Terminals Magazine]- Tokyo Gas Co., Ltd, along with Osaka Gas Australia Pty Ltd, Toho Gas Co., Ltd., and Santos Ltd through its subsidiary Santos Ventures Pty Ltd, have entered into an agreement to conduct a pre-FEED study for the production of e-methane in the Moomba region of the Cooper Basin, Australia. Santos brings decades of experience in the development and operation of upstream gas fields in the region. The project aims to produce over 130,000 tonnes of e-methane annually, equivalent to approximately 180 million cubic metres of city gas, for export to Japan starting as early as 2030.

 

This pre-FEED study builds on the results of a feasibility study initiated by Tokyo Gas and Santos in November 2023. Tokyo Gas has secured a subsidy from Japan’s Ministry of Economy, Trade, and Industry to support this initiative.

Tokyo Gas is committed to achieving net-zero CO2 emissions as outlined in its Group Management Vision “Compass 2030.” The company is focusing on the integration of renewable energy, hydrogen, methanation, and CCUS technologies. By 2030, Tokyo Gas aims to introduce e-methane equivalent to 1 percent of its gas sales volume, with plans to increase this figure more than tenfold by 2040. The company has been actively promoting e-methane demonstration projects in Japan and is working towards establishing a large-scale global e-methane supply chain, including regions like North America, Southeast Asia, the Middle East, and Australia.

Tokyo Gas will continue its efforts to expedite the establishment of the e-methane supply chain and contribute to Japan’s goal of achieving carbon neutrality by 2050.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

BP Partners with Palantir for AI Tech
11.21.2024 - NEWS
November 21, 2024 [Tank Storage]- Palantir Technologies and BP have announced an enterprise agree... Read More
Aramco, Rongsheng Petrochemical Ink Deal to Progress Saudi Refinery Project
11.20.2024 - NEWS
November 20, 2024 [Rigzone]- Saudi Arabian Oil Co. (Aramco) and Rongsheng Petrochemical Co. Ltd. ... Read More
Stolthaven Terminals Expands in Malaysia to Boost Efficiency and Capacity For Customers
11.20.2024 - NEWS
November 20, 2024 [Stolt-Nielsen]- Stolthaven Westport held an event earlier this month to celeb... Read More
Open Season For CHANE’S Rotterdam Ammonia Import Terminal Development
11.20.2024 - NEWS
November 20, 2024 [Storage Terminals Magazine]- Chane has announced the next phase of decision-ma... Read More