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

Oil and Gas Operators Encouraged to Adopt AI in Light of Rising Costs
09.12.2024 - NEWS
September 12, 2024 [OGV Energy]- Operators of offshore, refinery and pipeline equipment are bein... Read More
Savannah River Deploys Drones for Tank Inspections
09.12.2024 - NEWS
September 12, 2024 [Nuclear Engineering International]- The US Department of Energy (DOE) Office ... Read More
The Oil Market’s Bullish Structure is Fading Fast as Prices Tank
09.12.2024 - NEWS
September 12, 2024 [Energy Now]- For the first time in years, Brent crude’s bullish market stru... Read More
Trafigura to Convert More Supertankers if Oil Market Woes Linger
09.12.2024 - NEWS
September 12, 2024 [BNN Bloomberg]- Trafigura Group could switch more of its crude-oil tankers to... Read More