HIF Global and ENEOS announce co-operation to accelerate production of eFuels.
HIF Global,a leading eFuels company, and petroleum refiner ENEOS announced a cooperation agreement designed to encourage the sale of carbon neutral fuel in Japan. The agreement focuses on the supply of eFuels from HIF’s portfolio of developments in South America, USA and Australia to ENEOS, Japan’s largest petroleum refiner.
eFuels are made using electrolyzers powered by renewable energy to separate hydrogen from oxygen in water. The green hydrogen is utilized together with recycled carbon dioxide to produce carbon-neutral eFuels, which are chemically equivalent to fuels used and can be dropped-in to existing engines without any modification.
The cooperation agreement also extends to exploring the establishment of a carbon dioxide supply chain from Japan and potential development of production facilities in Japan for conversion of eMethanol from HIF’s plants to eGasoline or jet fuel.
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Cesar Norton, HIF Global CEO, said:
This agreement provides a clear demonstration of the appetite for eFuels in the world’s largest and most sophisticated markets.
“We are already producing eFuels from our first plant at Haru Oni in Chile and are poised to start construction next year at our first world-scale facility at Matagorda in Texas.
“Our portfolio of projects in development continues to expand, giving us confidence that HIF facilities in South America, USA and Australia will all contribute to meeting this vast demand. We look forward to close co-operation with ENEOS to develop this new industry at the pace the world needs to support global efforts to decarbonize the transport sector.”
Kotaro Sunaga, ENEOS’s Senior Vice President, said:
Under the ENEOS Group’s Long-Term Vision to 2040, we are taking on the challenge of achieving both a stable supply of energy and materials and the realization of a carbon-neutral society.
“To achieve these targets, ENEOS has been engaged in a wide range of initiatives to reduce GHG emissions, by promoting the use of hydrogen, renewable energy and working to develop businesses for carbon-neutral fuel such as synthetic fuels. We believe this collaboration with HIF, which aims to become the world’s largest e-Fuel producer, will also serve as a basis for leading energy transition and continue to support energy supply in Japan in a carbon neutral society.”
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HIF Global and ENEOS Cooperate to Accelerate Production of eFuels, October 4, 2023
