INPEX – Led hydrogen study focusing on Darwin, northern Australia boosted by AUD1 million grant from Australian Government.
INPEX CORPORATION(INPEX) announced its wholly owned subsidiary INPEX Operations Australia Pty Ltd has been jointly awarded a one million Australian dollar grant from the Australian Government to conduct a feasibility study into the growth potential of a clean hydrogen market in Darwin, northern Australia.
The Darwin Clean Hydrogen Hub joint study between INPEX, Santos, Xodus and CSIRO will explore opportunities to provide clean hydrogen solutions – with domestic and international hydrogen supply chains as potential beneficiaries.
The Darwin Clean Hydrogen Hub joint study represents a forecast 18-month program focusing on:
- Market demand for hydrogen and its derivatives (e.g., methanol and ammonia) as fuel in transport and power generation, and feedstock for chemicals
- Renewable energy sites and infrastructure for water electrolysis to produce and deliver hydrogen and its derivatives to market
- Hydrogen production from natural gas and carbon capture and storage capacity requirements
- Bulk and distributed storage requirements
- Domestic and international hydrogen supply chains
INPEX seeks to develop a hydrogen business, which is one of the 5 net zero businesses outlined in the company’s INPEX Vision @2022announced in February 2022. The company plans to commercialize three or more projects by around 2030 and aims to produce and supply 100 thousand tons or more of hydrogen/ammonia per year.
About INPEX
INPEX CORPORATION is Japan’s largest exploration and production (E&P) company, and is currently involved in projects across multiple continents, including the Ichthys LNG Project in Australia as Operator.
By thoroughly making its oil and gas business cleaner while expanding its 5 net zero business areas, INPEX aims to provide a stable supply of diverse and clean energy sources including oil, natural gas, hydrogen and renewables as a pioneer in energy transformation. For more information, visit https://www.inpex.co.jp/english/index.html.
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INPEX : led Hydrogen Study Focusing on Darwin, Northern Australia Boosted by AUD1 Million Grant from Australian Government, Tokyo, Japan, June 7, 2023
