Stanwell Corporation and Iwatani have joined forces to push forward a future hydrogen supply chain between Queensland, Australia, and Japan to help decarbonisation ambitions.
Last week (29th Nov) Iwatani said it plans to produce hydrogen in the state of Queensland, using renewable energy such as solar and wind, liquefy it, and then transport it to Japan using large liquid hydrogen carriers.
With ten compressed hydrogen plants and three liquefied hydrogen plants in Japan already, Iwatani currently supplies 70% of the Japanese hydrogen market. The partnership hopes to further enhance the company’s footprint in the market and poise Queensland as a hydrogen production and export powerhouse.
In a statement Richard Van Breda, CEO of Stanwell said the consortium will also build commercial and government partnerships to enable the project to move towards a bankable feasibility study and front-end engineering design.
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