September 23, 2022

INPEX and AGL will cooperate on a hydrogen hub

Japanese oil and gas company Inpex and Australian utility AGL Energy have signed an agreement to conduct a feasibility study for AGL’s Hunter Energy Hub in NSW, Australia.

The parties signed a Memorandum of Understanding (MoU). As part of the MoU, INPEX will study the feasibility of the hub in cooperation with AGL and other partners.

The Hunter Energy Hub is the second hydrogen hub study that INPEX is pursuing with AGL, after the partnership on the Torrens Hydrogen Hub in South Africa.

The project mainly envisages the production of hydrogen from renewable energy sources and the export of hydrogen and hydrogen-derived products. It aims to introduce a hydrogen industry to the Hunter region of NSW using the AGL-owned Liddell Power Station site and existing infrastructure nearby.

The port of Newcastle has been identified as a potential unloading location. This has increased opportunities for the hub to facilitate hydrogen exports to Japan and other countries in the future, given Newcastle’s relative proximity to key markets.

INPEX is one of the largest power generation companies in the world, producing and delivering clean, efficient and reliable natural gas for the Asia-Oceanic region.

INPEX is certainly a young company, with the modern company INPEX Corporation founded in 2008 following the merger of INPEX, Teikoku Oil and INPEX Holdings, but it is now the largest energy exploration and production company in Japan. . The company aims to become one of the world’s top 10 producers over the next 20 years.

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